of financial Management Discussion and Analysis Q2/2020 Page 3/6 institutions which are directly related to the company in terms of purchasing non-performing debt. As a result of financial institutions

1 Forth Smart Service Public Company Limited (FSMART) 3Q2020 Management Discussion and Analysis Operational Summary in 3Q20 (recovered from Covid-19 pandemic)  Net profit was Bt123mn, increasing

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.17 31.12.18 31.03.19 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,119 1,154 1,196 Total Assets 1,242 1,268 1,309 Current Liabilities 784 808

Management Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.17 31.12.18 30.06.19 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,119 1,154 1,159 Total Assets 1,242 1,268 1,275 Current

last year 24.2%. The Company’s 6-month end net profit margin stood at 25.9%. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables

81.58 million which decreased by 8.51% compared to the 1H18’s net profit which was Baht 89.17 million. The clarification, along with a summary of the Company’s operating results is shown in the table

Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.17 31.12.18 31.12.19 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,119 1,154 1,054 Total Assets 1,242 1,268 1,185 Current Liabilities 784 808

Interim Management Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.18 31.12.19 31.03.20 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,154 1,054 1,183 Total Assets 1,268 1,185 1,451 Current

Management Discussion and Analysis as follows : FINANCIAL SUMMARY 31.12.18 31.12.19 30.06.20 FINANCIAL POSITION (MILLION BAHT) Current Assets 1,154 1,054 1,054 Total Assets 1,268 1,185 1,304 Current