declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer confidence coupled with the already high household debt level

profit is Bt145.01mn increasing 10.1% YoY. 2 Forth Smart Service Public Company Limited (FSMART) 1Q18 Management Discussion and Analysis Financial Summary Income Statement MB % MB % MB % Income from

Mn % (1) THB Mn % (1) Revenue from Sales and Service 708.4 94.0% 739.4 96.6% Franchise Fees Income 21.0 2.8% 17.3 2.3% Other Income 23.9 3.2% 8.5 1.1% Total Revenue 753.3 100.0% 765.2 100.0% Revenues 6

% 15,333.1 100.0% (268.8) (1.8%) Rental income 487.2 3.2% 553.0 3.6% (65.8) (11.9%) Other income 468.0 3.1% 489.4 3.2% (21.4) (4.4%) Total revenues 16,019.5 106.3% 16,375.5 106.8% (356.0) (2.2%) Cost of sales

local and international customers. • Utilities income decreased by 4.5%, standing at THB 534.0 mm, mainly from lower excessive charge. However, if excluding the revenue from excessive charge, utilities

follows. Financial performance Statement of income Consolidated Financial Statements for Quarter 3 of 2020 Quarter 3 of 2019 Change (Unaudited but reviewed) (Unaudited but reviewed) Increase (Decrease) THB

in ASEAN countries which are signatories to the Memorandum of Understanding ("MoU") to establish cross-border offering framework. Malaysia, Singapore and Thailand are expected to sign the MoU by the

auditor to do the special audit and showed no sign of progress. The SEC, therefore, will  not extend deadline for THL?s special audit submission and will later take legal action against THL and responsible

Holding, causing damage to both companies. Additionally, Mr. Somchai, authorized to sign for money withdrawal on behalf of the company, misappropriated B30 million which had disappeared from SECC Holding’s

Ms. Mutita Nilsawad Ms. Mutita Nilsawad, an assistant managing director for marketing and public relations of S.E.C. Auto Sales and Services Plc. (SECC) with the power to sign company check or