identified and verified to support deposit account opening and sim card registration. 6 Forth Smart Service Public Company Limited (FSMART) 2Q18 Management Discussion and Analysis Furthermore, the Company
Limited (“the Company”) held on 13 November 2018 has approved and verified the financial statements of the Company and its subsidiaries for the third quarter of 2018 which reviewed by the auditor of the
financial data used for calculation (unit: thousand Baht) 30 September 2019 (verified) Company Total asset 605,613 Tangible assets - Total debts 18,304 Non-controlling interests - Net tangible assets (NTA
based on the past experience. Moreover, the Company had 4 of 6 major overseas customers that have been verified the existence and considered the ability to make debt repayment from a local financial
, inappropriateness, or deficiencies in performing the duties. FAs may resort to information from a specialist, having verified that the person is truly knowledgeable and competent in that field. FAs shall have a
receivables derived from the increase of sales of motorcycle parts. It was found that most age of receivables was not reserve the allowance for doubtful accounts. - Inventories Regarding inventory days, slow
growth and slow down. Although the company has tried to expand the channels to the new market and variety of industries. The company also has subsidiaries in the group that have relatively high operating
and Execution due to Acquisition or Disposal of Assets”. 3.3 The reason of the acquisition Due to the overall of automotive group business has rapid change and continuing decrease the growth and slow
23.8%, compared to 26.7% from same period of last year, which was mainly due to changing of segment mix. In addition, the slowdown of economy and declining of tourists affected the slow growth of fashion