million which details are as following; (1) Revenue from sales In the second quarter of 2019, the Company and its subsidiaries had total revenue from sales at the amount of Baht 509.73 million, which

Baht Millions] Q-o-Q Y-o-Y [3Q19 VS. 2Q19] [3Q19 VS. 3Q18] FX: THB/USD 30.4541 31.3450 31.3204 32.6681 Sales Revenue, THB 3,088.3 2,992.8 3,113.9 +3.2% 3,690.4 -16.3% [ Sales Revenue, USD $101.4 $95.5

follows: I. The operating revenue break down by business segment In the first quarter of 2018, the Company and its subsidiaries’ revenues from sales of real estate decreased while the property rentals

Finance Cost 20.73 26.69 (22.33) Net Profit 192.09 129.08 48.81 (Unit : Million Baht) Financial statements in which equity method is applied 2019 2018 % Change Sales and Service Income 2,055.48 1,892.88

Operational Results In the second quarter of the year 2017, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 723 Million representing an increase from the same

follows; Operating Performance 1. Revenues Unit: Million Baht In general of the 1st quarter 2018, the Company could generate total revenue amounted to Baht 381.53 million decreasing 7 percent from the same

Company”) , would like to report the results of the consolidated financial statements ( audited) for the year-ended 31 December 2019. Consolidated net loss attributable to equity holders of the Company for

1 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Operational Summary in 1Q19  Net profit was Bt150mn, increasing 3.1% YoY  Total revenue from core

expenses Loss from fair value measurement of derivatives 17,773 7,197 15,725 - 13.02 - Net profit (loss) (3,672) (261) (1,306.90)  Revenue from sales and services decreased by 27.24%, this is due to the

revenue (3) 26,810.5 26,199.4 611.1 2.3 Profit attributable to equity holders of the Company 249.3 787.9 (538.6) (68.4) EBIT Ratio (%) 4.1 3.3 0.8 EBITDA Ratio (%) 9.2 8.1 1.1 EBITDAR Ratio (%) 15.1 16.3