Leased 1,295 963 332 3,430 3,594 (164) 74.1% 80.0% (5.9) 2,542 2,744 (202) Managed* 4,619 2,509 2,110 3,420 3,039 381 74.2% 72.7% 1.5 2,536 2,209 327 Total Operational 9,875 7,022 2,853 3,001 3,096 (95

TFRS 16 - Leases net against the expense in operational restructuring in order to reduce long-term expenses and the lower other revenues as mentioned above. Other Businesses reported the EBITDA of THB

Management 11  Market Risk Management 14  Liquidity Risk Management 16  Operational Risk Management 17  Cyber Risk Management 17  Strategic Risk Management 19 3. Business Directions and Operations of Core

categories especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and

especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and tightening of

Brand”, having communicated to customer groups to become aware of the variety of “Diamond” brand products, which are strong and durable resulting in trustworthiness from the customers through every

demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a

1 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis Operational Summary in FY18 2018 Operational Summary  Total revenue from core business was Bt3,339mn

year 2019 3 Overview Operational Results Between the year 2019 and 2018 (Unit: Million Baht) Description 2019 2018 Changes Amount % Revenue from expressway business 10,302 10,174 128 1.3 Revenue from

Operational Results In the second quarter of the year 2017, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 723 Million representing an increase from the same