subsidiaries have a net profit in Q1/2018 of 28 MB by increasing 6 MB or 29.3 percent when compared to Q1/2017 as following results:  Revenue Q1/2018, the Company and its subsidiaries have total revenue of 213

baht or 1% y-y but increased 1% q-q. However, the Company has focused on customer base expansion by increasing credit card benefits. For example, “AEON Gift 2020” campaign, AEON credit cardholders

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

Analysis (MD&A) For Q3/2018 2 - Increasing of HRC price: the average selling price of HRC in 3rd Quarter of 2018 was THB 20,715/ton, increased by 15% as compared with last year quarter (THB 18,079/ton

up. As a result, core service revenue in 3Q18, which excluded IC and equipment rental, was Bt33,134mn, increasing 2. 1% YoY but decreasing 0. 9% QoQ. EBITDA remained growth YoY but softened QoQ Cost

year. The reasons for an increasing of revenues can be explained as following; 1. Revenues from collection of purchased accounted receivables was 341 million Baht which increase from the same period last

was Bt33,962mn, increasing 2. 5% YoY and 0. 8% QoQ, against the mid- single digit growth FY19 guidance. EBITDA stood at Bt18,906mn, flat YoY but increasing 4.6% QoQ following revenue improvement and

CSL outstanding shares. Following the acquisition, AIS will have greater capability to serve increasing business demand for digital solutions e.g. Cloud, business solutions, and managed services in the

under a Power Purchase Agreement) increase 10.8% QoQ from Baht 1,637.7 million to Baht 1,814.8 million. The increasing of Baht 177.1 million mainly derived from sales of natural gas power plant which

revenue from finance lease under a Power Purchase Agreement) increase 1.6% QoQ from Baht 1,814.8 million to Baht 1,843.5 million. The increasing of Baht 28.7 million mainly derived from sales of biomass