of 2018 to 16.72% in the same period of 2019. 1. Overview of operating results of the Company and its subsidiaries - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and

Microsoft Word - MD_A_Q12020_EN final 1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 1Q20 (Affected from Covid-19 pandemic

1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 2Q20 (affected by Covid-19 pandemic and measurements from government) • Net

exchange rate, resulting in a decrease in net profit ratio (ROS) from 16.00% in 2018 to 14.78% in 2019. The total expense to total revenue ratio increased from 13.32% in 2018 to 17.46% in 2019. 1. Overview

1 Forth Smart Service Public Company Limited (FSMART) 3Q2020 Management Discussion and Analysis Operational Summary in 3Q20 (recovered from Covid-19 pandemic)  Net profit was Bt123mn, increasing

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3,164 million1. The total investment value will not exceed USD 350 million or Baht 11,073 million1. Summary of investment structure 1 Exchange rate at Baht 31.6373 per USD 1, which is an average selling

Central Retail Corporation Public Company Limited Page 1 Overview of the operating result for the fourth quarter of 2019 The company’s total revenue for the fourth quarter of 2019 was THB 63,405

COVID-19 situation without anyone left behind. Overview of the operating result for the third quarter of 2020 (3Q2020) In the third quarter of 2020 (3Q2020), Central Retail Corporation Public Company

whether or not the HRC price at that time was significantly increase or decrease. Management’s Discussion and Analysis (MD&A) For Q3/2017 5 Executive Summary In the third quarter of 2017, the company has