the 3-month and 6-month periods ending 30 June 2017, respectively. The rise was due to increasing purchase orders from our energy drinks under Carabao trademark in both bottle and non-carbonated can

million, increased by THB 194 million or 25.2% and up by THB 287 million or 19.3% for the 3-month and 6-month periods ending 30 June 2017, respectively. The rise was due to increasing purchase orders from

% and up by THB 416 million or 17.9% for the 3-month and 9-month periods ending 30 September 2017, respectively. The rise was due to increasing purchase orders from our energy drinks under Carabao

are able to move easily and the menu served requires little processing and time to prepare. This was able to respond to the changing consumer behavior. The Company is in the process of preparing and

increased by 609.18 million baht or 55.61% from 1,095.42 million baht in Q2/2019 to 1,704.60 million baht in Q2/2020 because of the promotion campaign in ready to move-in projects in Q2/2020 including the

Policy Committee (MPC) resolved to lower the Thai policy rate to 1.50 percent from 1.75 percent – its first such move in four years – in its meeting held on August 7, 2019. Thailand Economic Growth Sources

1 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Operational Summary 9M18 Operational Summary  Total revenue from core business was Bt2,523mn, increasing

271.42 million or increased 29.27% when compare to the same period of 2016, due to the increasing of the quantity of Sales. 2. Cost of goods sold was Baht 1,021.58 million, and the gross profit margin was

Baht. Mainly by the increasing of Revenue from sales 17% with the increasing from domestic sales and expansion oversea market. There are gross margin rate for the period is 21%, and 14 % in 2018. As the

Baht 20.16 Million or 1.38% when compare to the same period of 2019, due to the increasing of the quantity of Sales. 2. Cost of Sales was Baht 1,284.25 million, decreased 4.66% when compare to the same