% Net profit - Equity holders of the Company 144.64 18.4% 150.40 17.7% 145.42 17.5% -3.3% 0.5% %YoYIncome Statement Q3/2017 Q2/2018 Q3/2018 %QoQ Total revenue In 3Q18, FSMART’s total revenues from core
temporarily closed during 2Q20 and the decrease in revenue from Dusit Thani College as result of COVID-19 pandemic causing the postponement of short-term courses. EBITDA from Education Business was THB -17
Income Other income of the Company and its subsidiaries consists of agent fee income, interest income, gain on exchange rate and gain on short-term investment. For the six-month period ended 30 June 2019
million, respectively. - Translation - 5 As at 31 December 2019 and 30 June 2020, the Company’s debt-to-equity ratios were 0.77 and 0.78, respectively. They were at a low level as the Company only had short
long term debt and the net debt to equity ratio (debt after deduction of cash and short-term investment) was 0.88 times. Debt service coverage ratio (DSCR) remained strong at 2.22 times, representing the
short courses to increase student base and to reduce impact of high competition from lower population under educational age. In 1Q19, EBITDA from education business was THB 23 million, a decrease of 14.8
(35.9) (39.3) 9.6% (54.2) (82.5) 52.2% Net Profit attribute to Equity Holder of the Company 124.8 119.9 -3.9% 198.0 236.0 19.2% Total Revenues The Company’s total income for the second quarter of 2018
shareholders’ equity 26,858 26,863 (5) (0.02) Page 4 of 4 Financial position As of 31 March 2020, the Company’s total assets increased by Baht 2,475 million or 5% increase from the end of 2019 (as of 31
’ equity 3,813,670 4,646,011 (832,341) (17.92) Assets As at December 31, 2019, the Company had total assets of Baht 5,890.35 million Baht, decreased by Baht 833.74 million or 12.40% from December 31, 2018
projected. • Redemption of debenture in January 2020 in the amount of THB 300 million • Repayment of short-term borrowings from related parties in the amount of THB 20.85 million. Shareholders’ Equity As of