profit totaled to Baht 17 million including gain from change in fair value of financial assets of Baht 3 million, which is an increase of Baht 84 million (125%) from Q1/2019’s net loss of Baht 67 million

assets amounted to Baht 112,377 Million, representing an increase by Baht 8,546 Million or 8.2 percent when compared with total assets as at December 31, 2018 mainly from fair value adjustment of

: Million Baht) 3 Months Change % Change 2 / 5 Operating results by business for the three-month period ended 30 June 2020 • Increase in gross profit was mainly derived from the following reasons: 1

) As of 31 December 2018 (Audited) Change Increase (Decrease) THB million % THB million % THB million % Total assets 400.73 100.00 445.12 100.00 (44.39) (9.97) Total liabilities 110.69 27.62 148.13 33.28

subsidiaries in the consolidated financial statements for the 3 months period end of 30th June 2018 was THB 145.52 million, an increase of THB 24.56 million or 20.30% from the same period last year and the

statements As of 30 September 2019 (Unaudited but reviewed) As of 31 December 2018 (Audited) Change Increase (Decrease) THB million % THB million % THB million % Total assets 407.24 100.00 445.12 100.00 (37.88

1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY

and 31 December 2021 were Baht 19,758.9 million and Baht 18,740.2 million, respectively. Increase by Baht 1,018.7 million or 5.4%. The main reason for changing in assets due to cash and cash equivalents

% Net Profit 73.3 27.0% 116.1 29.0% 42.8 58.4% Revenues Analysis The Company’s total revenue for the first quarter of 2018 was 400.1 million Baht, which was an increase 47.1% from the same period last

Financial 31 December 2016 30 June 2017 Increase/(Decrease) position MB % MB % MB % Current assets 1,003 31.5% 1,128 30.8% 125 12.5% Non-current assets 2,182 68.5% 2,533 69.2% 352 16.1% Total assets 3,185