than fair value 130.98 - 130.98 100.00 Other income 66.41 31.75 34.66 109.16 Total revenues 1,184.66 962.63 222.03 23.07 Expenses : Cost of sales and services 571.10 510.14 60.96 11.95 Administrative and

% decrease from the same period last year. This was the result from the cessation of the subsidiary’s business operations. 2. Other Income 22.85 Million Baht, increase 17.10 million baht from the same period

2019 (Unreviewed) as follows: Performance Overview For the second quarter of 2019, the net profit of the Company and its subsidiary was 510.97 million baht. The total income was 1,063.06 million baht

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

increased 4,614,126 baht or 98.64% more than 20%. The main reasons were as follows: 1. Service income decreased 1,528,845 baht compared to the same period of the last year mainly from the decrease of income

415.85 (149.55) (35.96) Total cost of sales (2) 268.63 416.54 (147.91) (35.51) Other income (3) 7.12 3.46 3.66 105.78 Administrative expenses (4) 36.88 46.29 (9.41) (20.33) Bad debt and doubtful accounts

) as follows: Performance Overview For the second quarter of 2019, the net profit of the Company and its subsidiary was 510.97 million baht. The total income was 1,063.06 million baht, financial cost was

139,874 37.53% Other income 19,836 12,728 7,108 55.85% 7,490 3,583 3,907 109.04% Total Revenue 1,087,913 753,393 334,520 44.40% 520,106 376,325 143,781 38.21% Company total revenue on six-month and 2nd

of utility services in Q1/2018 compared with those in the same period of 2017, (while utility service income is stable), are attributable to the road and water system repairing cost. ▪ An increasing

(Thousands Baht) Six-month Change 2nd Quarter Change 2561 2560 Amount % 2561 2560 Amount % Revenue from sales 740,665 742,524 -1,859 -0.25% 372,742 414,841 -42,099 -10.15% Other income 12,728 7,320 5,408 73.88