Limited (FSMART) 1Q2020 Management Discussion and Analysis Costs and Expenses 1) Cost of services in 2Q2020 was Bt546.49mn, increasing from 79.7% to 82.0% of total revenues from core business, from fixed
all branches of ELEGA showroom that could not generate the income and profit as aimed in order to decrease the fixed cost and the administrative expenses since the 2nd quarter of 2019. However, the
, and variable rental expenses, as well as the fixed rental expenses which were reclassified to Finance cost in accordance with the Financial Reporting Standard No.16: Leases. This resulted in the
the year 2019 in an amounting of Baht (3.87) million or (10.39) percent. Mainly came from growth of revenue in last year while fixed cost still constant. 3.3 Administration expenses The Group's
period7 (days) 94 108 Return on equity3 (%) 10.5% -6.7% Payable days (days) 143 152 Efficiency Ratios Efficiency Ratios Return on assets4 (%) 9.1% -6.1% Liability to Equity (times) 1.1 1.2 Return on fixed
Return on equity (%) 7.3% -13.3% Payable days (days) 143 173 Efficiency Ratios Efficiency Ratios Return on assets (%) 6.5% -9.8% Liability to Equity (times) 1.1 1.4 Return on fixed assets (%) 36.6% -71.8
54.62 million. Net cash flow acquired in investing activities of Baht 109.03 million, mainly from the receipt of dividend income from BBF of Baht 143.56 million and from purchase of fixed assets of Baht
resulted from payment for the M&E equipment of the MRT Blue Line Extension Project in the amount of Baht 3,065 Million, payment for constructions of the expressway and fixed asset for the operation in the
company's loan portfolio is larger with an increase of income continuously which is enough to support the costs both of fixed costs and variable costs of the company on monthly basis. 4. Providing with a