Summary of operating results. For the year ending 31 December 2018, the Company had net profit amounting 103.65 million Baht, profit increased 67.43 million Baht compared to the year 2017 having a net

Operating Results of the Company in Q3/2020 Q3/18 Q3/20 (THB million) YoY Operating Revenue 219 179 (18%) Gross Profit 137 105 (23%) EBITDA 58 57 (2%) Net Profit for the Company 13 12 (8%) Gross profit margin

. 5. Net profit and net profit margin Although the Company encountered the low economic growth rate, the Company was able to maintain 2Q17 net profit of Baht 20.89 million, which was the same level as

interest and taxes (EBIT) 32.79 107.16 (74.37) (69.40) Financial costs 0.72 0.13 0.59 453.85 Income tax expenses 2.86 20.81 (17.95) (86.26) Net profit 29.21 86.21 (57.00) (66.12) Earnings before interest

(EBIT) 1.89 21.68 -91.27 5.34 -64.60 24.91 76.10 -67.27 Financial costs 0.04 0.03 41.94 0.04 7.32 0.13 0.10 29.00 Income tax expenses 0.05 4.26 -98.75 1.24 -95.72 3.15 15.04 -79.07 Net profit 1.80 17.39

0.03 4.58 (99.34) 0.03 - 0.10 12.60 (99.21) Income tax expenses 4.25 8.39 (49.34) 5.34 (20.41) 15.05 26.23 (42.62) Net profit 17.39 30.55 (43.08) 20.89 (16.75) 60.96 99.51 (38.74) Earnings before

business operations, having main proportional sale is export. 1.2 Summary of operating results. For the year ending 31 December 2017, the Company had net profit amounting 42.91 million Baht, profit increased

1 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Operational Summary in 1Q19  Net profit was Bt150mn, increasing 3.1% YoY  Total revenue from core

a higher gross profit margin than sales from takeaways or purchasing through food delivery services. In addition, the Company was able to manage costs efficiently from the increasing production. 9M

revenue due to the relaxation of COVID-19 measures resulting in the Company being able to run normal operations and the recovery of incoming tourists. • Net Profit Margin in Q4/2022 was 13.4%, increased