firm to be prohibited from business expansion. In addition, in case where an increase of investment by any person or a group of persons causes the one-third limit to be exceeded, the asset management

instrument for fundraising and financial management. The project encourages SMEs to make use of the capital market to access diverse fund resources for business expansion and management in preparation for the

renewable energy. These businesses need continual fundraising for working capital and business expansion but yet to have opportunity to raise funds through the capital market. ?Slow growth of capital market

. Administrative expenses on nine-month and 3nd quarter of 2019 decreased 25.90 and 18.22 percent from the same period of last year, due to additional administrative expenses from expanding in 2nd production line

expanding distribution channel. 1.3) Revenue from selling of real estate increase 80. 83 million baht or 100% due to its subsidiaries start to recognize revenue from selling of real estate. 1.4) Revenue from

higher sales volume in CNF incoterm. Administrative expenses on year 2018 increased 12.85 percent from last year, due to additional administrative expenses from expanding in MDF second production line that

Boonterm kiosk location strategy in 2018 rather than emphasizing on expanding http://www.ratchakitcha.soc.go.th/DATA/PDF/2562/A/043/T_0021.PDF 4 Forth Smart Service Public Company Limited (FSMART) 2Q19

. Administrative expenses on six-month and 2nd quarter of 2019 decreased 29.92 and 31.23 percent from the same period of last year, due to additional administrative expenses from expanding in 2nd production line was

, due to additional administrative expense from expanding in MDF second line production. Financial cost of six-months and 2nd quarter on year 2018 decreased 98.89 and 98.60 percent from the same period

administrative expense from expanding in second MDF production line. Financial cost of nine-months and 3rd quarter on year 2018 decreased 97.74 and 95.15 percent from the same period last year, due to the