No: AH 02052023 May 11th, 2023 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 1st Quarter of Fiscal Year 2023 Ended as of March 31, 2023 To: The President The

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019

V2 27/08/63 0 V2 27/08/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Second Quarter of 2020 The Thai economy in the second quarter of 2020

Microsoft Word - MD^0A_FY2019_EN_Final 1 Forth Smart Service Public Company Limited (FSMART) FY2019 Management Discussion and Analysis Operational Summary in FY2019  Net profit was Bt584mn

Microsoft Word - MD_A_Q12020_EN final 1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 1Q20 (Affected from Covid-19 pandemic

1 Forth Smart Service Public Company Limited (FSMART) 3Q19 Management Discussion and Analysis Operational Summary in 3Q19  Net profit was Bt144mn, decreasing 1.1% YoY.  Total revenue from core

stock management. In addition, the company recognized lower stock loss & NRV than previous quarter by THB 31 million due to slowing pace of downward trend of CPO prices. Therefore, the company had

. Marketing expenses declined significantly by -12%YoY from lower activities during lockdown, while admin and other expenses dropped -5.5%YoY from shop rental saving during lock down and one-time legal

Rnj, (Translation) MD. 170/2019 November 13, 2019 Re: Management Discussion and Analysis For the Operating Results ended September 30, 2019 To: President The Stock Exchange of Thailand Management

  1    (Translation) MD. 030/2018 February 21, 2018 Re: Management Discussion and Analysis For the Year Ended December 31, 2017 To: President The Stock Exchange of Thailand Management Discussion and