2019to discuss the implementation and application of the DLT, to increase the efficiency and reduce cost of operation, and overall processes from the first step to the last, relating to fundraising and

the total employers with provident fund or a 34.5 percent increase from the preceding year. The industry was growing significantly and by the end of 2010 the total number of PVD employers had risen to

performance of the Group Unit: Million Baht 2019 2018 Increase (decrease) Variance (%) Total revenues 6,797 8,080 (1,283) (16%) Net profit 331 526 (195) (37%) The Group’s total revenues for 2019 amounted Baht

highest record for the third consecutive year, in terms of the cash collection of 3,204 million Baht, increase which was a result of the efficiency of collecting and the potential of the debt that the

follows. Performance Analysis For the Quarter 2-2017, the Company and its subsidiaries had total revenue of 304.05 million baht, an increase of 48.00 million baht or 18.75 percent, with the total net loss

1 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis Operational Summary in 2Q17  Total revenue from core business was Bt769mn, an increase of 48.0% YoY

increase of 287.7 MB and 488.6 MB, respectively, due to the auctioned projects, which were bid at the previous quarter, has gradually delivered in the Q3-2017. The overall economy expansion in Q3-2017 has

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

Program Rights For the first quarter of 2018, the Company and its subsidiaries earned revenue from program rights totaled THB 327.23 million, an increase of THB 77.36 million or 30.96% from the same period

Baht 102.11 million or 30.06% from the same period of previous year. The increase in cost of sales was not in line with the increase in revenue from sales due to the fixed cost of expenditure on factory