Microsoft Word - EKH_61-033_SET-MD&A_611112_Q3-61_EN   EKH/CS/2561/033 12 November 2018 Subject: Management Discussion and Analysis for the third quarter 2018 results To Directors and Manager The

the management discussion and analysis follow: Income statements Third Quarterly Operational Performance The Company reported Revenues from Hospital Operations of Baht 248.87 million, a 32.28% increase

per 1 US dollar whereas the corresponding period of previous year was 31.27 – 32.53 Baht per 1 US dollar. Moreover, the Company still be good in cost management.  Other Income The Company and its

Company Limited (FSMART) 2Q19 Management Discussion and Analysis Financial Summary Income Statement MB % MB % MB % Income from rending of top-up service for prepaid phone and other online service

(1,019.9) (73.6) Revenue from sales of F&B 8.1 1.9 10.3 0.7 (2.2) (21.4) Rental and service incomes 9.4 2.2 15.9 1.1 (6.5) (40.9) Project management fee income 9.0 2.1 2.7 0.2 6.3 233.3 Others 30.7 7.3 47.4

% % % % % % O A F In N Management Other Income Administrativ Finance Cost ncome Tax E Net Profit Total Reve The Comp was an inc of 53.6 pe which incr 1. 2. 3. An increas revenues 690 million Cost of Se The Comp

Management service income 56.03 59.50 (3.47) (5.8) Interest income and dividend income 55.28 32.09 23.19 72.3 Other incomes 41.89 20.49 21.40 104.4 Total revenues 4,043.99 3,440.35 603.64 17.5 Cost of sales

impairment. For the year end of 2019, Company has set up a property impairment which is a swimming pool cub in NEP PARK village with the reason that those property is not generate income. 6. Management benefit

for agile organizational sustainability. Right after COVID-19 outbreak, the company made further strategic operation adjustment as follows: • Financial management (Income statement, balance sheet, and

increasing 51.0% YoY. 2 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis Financial Summary Income Statement Income Statement 2Q16 1Q17 2Q17 %QoQ %YoY MB % MB % MB