% 25.0% Finance costs (30) -1.3% (56) -1.8% 86.7% Income tax expense (59) -2.6% (66) -2.1% 11.9% Net profit 420 18.7% 543 17.5% 29.3% Total revenue FSMART’s total revenues from core business was Bt3,105mn

% EBITDA margin 21.0% 20.2% 0.8% 21.2% -0.2% Net profit margin for the period 14.1% 13.1% 1.0% 12.6% 1.5% Net profit margin attributable to the owners of the parent 14.0% 12.8% 1.2% 12.5% 1.5% Key Change in

: Baht millions) For the year ended 31 st March Consolidated financial statement Apr 2017 - Mar 2018 Apr 2016 - Mar 2017 Change % Change Revenue from sales & service 3,376.19 3,199.82 176.37 5.5% Other

= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

expense (20.28) -2.5% (14.42) -2.0% (9.10) -1.4% -36.9% -55.1% Net profit 144.90 18.0% 126.39 17.3% 103.90 15.6% -17.8% -28.3% Non-controlling interests of the subsidiaries (0.35) 0.0% (0.15) 0.0% (0.40

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

, the genuine gross margin in the third quarter of 2017 was at 57.6% for the warehouse rental and service business which decreased from 69.7% last year, mainly due to change in product mix between Built

Interest on investment in loans 540 292 247 84.6 Others 21 22 (1) (4.7) For the year ended Consolidated Change Dec 31, 2019 Dec 31, 2018 Baht million % Interest expense 5,720 5,033 687 13.7 Interest on

(54) (60.7) Others 5 5 1 12.1 For the three-month period ended Consolidated Change Jun 30, 2019 Jun 30, 2018 Baht million % Interest expense 1,426 1,224 203 16.6 Interest on deposits 812 609 203 33.4

49.1 Interest on investment in loans 35 90 (54) (60.7) Others 5 5 1 12.1 For the three-month period ended Consolidated Change Jun 30, 2019 Jun 30, 2018 Baht million % Interest expense 1,426 1,224 203