%) (40.5%) (38.7%) Net profit 104 18.8% 144 18.7% 145 18.4% 0.6% 39.0% Total revenue FSMART’s total revenues from core business was Bt788mn, an increase of 42.1% YoY, mainly from the increasing of usage

%) Net profit 104 18.8% 144 18.7% 145 18.4% 0.6% 39.0% Total revenue FSMART’s total revenues from core business was Bt788mn, an increase of 42.1% YoY, mainly from the increasing of usage amount and the

)% 216 201 7% Feedstock 148 151 114 30% 569 410 39% Core EBIT 288 230 155 86% 871 551 58% Core Net Profit after Tax and NCI ($m) 234 175 110 113% 664 360 84% Core Net Profit after Tax and NCI (THBm) 7,463

from core business (4 items) 714.91 100.0% 832.82 100.0% 842.14 100.0% 1.1% 17.8% Cost of services (535.72) -74.9% (658.51) -79.1% (658.33) -78.2% 0.0% 22.9% Gross profit 179.19 25.1% 174.31 20.9% 183.81

showed of 25.1% in the same quarter of last year. Excluding TBSP of 22.6% GP, Company’s %GP represented at 19.4%, primary by lower Gross Profit of High-Valued Document and Flexible Packaging. THB million

long-term employee benefits from enactment of a new labor law, company’s core net profit still came at Baht 7.4 million) which can be summarized as follows: - Gross Profit including Other Income down

expenses increased slightly by only 0.15% from Baht 389.26 million in Q1 2020 to Baht 389.86 million in Q1 2021. Core operating profit (defined as Earnings before Interests and Taxes exclude interest income

remeasuring on fair value of the Company’s previously held interests in TBSP. Excluding the non-recurring items, Company’s core net profit increased by 1% y-y in 2Q18. For 1H18, Company represented net profit

(6)% Fibers 59 46 55 8% 201 208 (3)% Feedstock 114 117 78 47% 410 177 132% Core EBIT 155 139 136 14% 551 374 47% Core Net Profit after Tax and NCI (US$ M) 110 95 84 31% 360 206 75% Core Net Profit

transactions per day. Total revenue from core business is Bt848.81mn, increasing 10.4% YOY, and net profit is Bt150.40mn, increasing 4.7% YoY. 2 Forth Smart Service Public Company Limited (FSMART) 2Q18