. Analysis of Overall Operating Results for the Company and its subsidiary 1.1 Important circumstance during the year In April 2018, the Company acquired 800,000 ordinary shares of Aesthetic Zecret (AT-ZE
share at 66.3% contracting 1.7% QoQ and 13.7% YoY to THB 17,359mn, followed by Traditional media (Newspaper, Magazines and Radio) which has 13.1% market share or THB 3,418mn, declined by 4.8% QoQ and 25.5
% 1,334 31.3% 151 12.8% Total liabilities and shareholders’ equity 3,185 100.0% 4,260 100.0% 1,075 33.8% 5 Forth Smart Service Public Company Limited (FSMART) 4Q17 Management Discussion and Analysis As at
relocation of garment manufacturers to Vietnam. The garment industry in Thailand has continued to shrink. Products of the Company: For elastic segment for baby diapers; The major manufacturers have switched to
(AT-ZE) Company Limited at a price of Baht 200.725 each, or for a total of Baht 160.58 million (excluding share purchase fee of Baht 3.27 million). The investment represents 100% of all issued shares of
(AT-ZE) Company Limited at a price of Baht 200.725 each, or for a total of Baht 160.58 million (excluding share purchase fee of Baht 3.27 million). The investment represents 100% of all issued shares of
o Advertising revenue decreased by 5.5% to THB 261mn o System integration services revenue was recorded at THB 428mn • EBITDA increased by 22.2% to THB 109mn • Net profit from operation decreased by
period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019
creating brand awareness to an extensive reach. Over the last few years, the outdoor media segment has witnessed the consolidation into a few well-resourced media operators in order to increase
generate higher income, and this scheme will complete at the end of this year. The usage amounts from money transfer are continually growing driven by a decrease of the number of banks’ branch then customers