subsidiary for the third quarter of the year 2018 was Baht 41.12 million, increasing by Baht 18.79 million or 84.15% when compared to that of Baht 22.33 million in the third quarter of the year 2017. The total

operating performance allowed KBank and K Companies to meet business targets while also gaining wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in this

profit because our revenue is lower than normal and we have special expense, using for acquiring FKR, at 11.3 million baht. However, this special expense shall be in Q1/18 only.  Total assets and retained

profit because our revenue is lower than normal and we have special expense, using for acquiring FKR, at 11.3 million baht. However, this special expense shall be in Q1/18 only.  Total assets and retained

has resulted in a marginal increase in its debt to equity ratio. We strengthened our footprint in North America by acquiring the Corpus Christi JV which, once operational, will provide a low cost

Bhd MYR which accounted for 100% of total paid-up capital of FKRMM. Payment in acquiring transaction equal to 53,000,000 MYR or equivalent to 416,537,120 THB which calculated by issuing 55,000,000 new

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

Phuket and nearby provinces. The opportunity to serve increasing number of tourists from the ASEAN countries of 10 member countries with over 600 million in population, moreover, the tourists from China

attraction of Phuket and nearby provinces. The opportunity to serve increasing number of tourists from the ASEAN countries of 10 member countries with over 600 million in population, moreover, the tourists

2204 2616 The Company will acquire shares equivalent to 37.5 percent, in total of Baht 981,000,000. However, the Company has expended Baht 324,999,779.28 in negotiation process in acquiring such shares