% Gross profit margin* (%) 20% 27% 29% 2% 9% Net profit margin (%) 14% 16% 18% 2% 4% Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 Management Discussion & Analysis The

%) 72% 2,700 3,175 18% Gross profit margin* (%) 24% 28% 27% (1%) 3% 22% 24% 2% Net profit margin (%) 10% 20% 16% (4%) 6% 14% 16% 2% Q4/2017 and 2017 Financial and Operating Highlights * Exclude costs of

Performance For Q2 2019, the Company and its subsidiaries recorded net profit of 670 MTHB, increased by 160 MTHB or 2.2% of net profit margin comparing with Q2 2018. This improvement was mostly a result of

Performance For Q3 2018, the Company and its subsidiaries recorded net profit of 625 MTHB, increased by 270 MTHB or 76% improvement comparing to the same period of last year. The Net profit margin increased

from rental income 0.95 1.19% 1.10 1.37% 0.14 15.18% Total Revenue 79.65 100.00% 80.13 100.00% 0.48 0.60% Gross Profit / Margin 17.80 22.34% 17.87 22.30% Net Profit / Margin (2.43) (3.04%) (8.14) (10.16

ถ.พุทธมณฑลสำย 5 ต.ไร่ขิง อ.สำมพรำน จ.นครปฐม 73210 โทรศัพท์: 02-278-1777 กด 3 โทรสำร (คลังสินค้ำ): 02-420-1825 ต่อ 6515 บริษัท ฟอร์ท สมาร์ท เซอร์วิส จ ากัด (มหาชน) FORTH SMART SERVICE PUBLIC COMPANY LIMITED

to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered

the parent 29.77 16.62 13.15 79.12 Gross Profit Margin (%) 26.46 21.20 Net Profit Margin (%) 11.72 7.41 Remark: 1) Net profit margin is calculated from the net profit attributable to equity holders of

of investment in subsidiary, interest and income tax (54,973) (60,473) -9% (89,303) -38% (61,057) -10% Margin -7% -7% -13% -7% Profit (loss) for the period (110,144) (122,364) -10% (132,736) -17

อื่น 4. ยอดเงินใหกูยืมคงคาง (margin loan) 5. ยอดรวมมูลคาหลักทรัพยใหยืม 6. ยอดสุทธิ free credit balance 7. ยอดรวม credit line ทั้งหมด 8. ยอดรวมทรัพยสินสวนเกิน (excess equity) ขอ 2 สถานะบัญชีมาร