Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Financial Position MB % MB % MB % Current assets 1,348.32 31.7% 1,256.81 32.6% (92) -6.8% Non-current assets 2,912.13 68.4% 2,603.09

15.3% YoY, as a result of declining in core revenue, kiosk improvement to support new business, and fully-depreciated kiosk maintenance. 2) Net profit in 1Q2020 was Bt126.54mn, decreasing 15.4% YoY, as a

temporally supporting expense to Company’s master agents in COVID-19 situation. Profits 1) Gross profit in 2Q2020 was Bt120.12mn, as a result of declining in core revenue, kiosk improvement to support new

business unit has less revenue than previous year. Management’s discussion and analysis for the Quarter 2’ 2020 5 / 7 4. Financial position Statement of Financial Position – Consolidated (Million Baht) As at

of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant

Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

and hospitality business. Page 7 of 7 Management Discussion and Analysis 2018 Financial Position and Capital Structure As at 31 December 2018, the total assets were 58,930 million Baht, increased by 44

resolution made on 22nd October 2019 approves residential property stimulus measures to support and ease the burden of those who wish to buy a home and to boost the domestic market sentiment. The transfer fee

, while the company has adapted to the situation through several cost-saving initiatives. The Company’s part-time staff has been paused, while the full-time staff has been relocated to support delivery

of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project development and expenses related to the bidding of the projects