the company was able to utilize the deferred tax asset, which was non-cash item. Net Profit Reported net profit of the company for the period of Q3’2018-2019 was Baht 422 million, rose by Baht 130

-in projects. It is believed that the Company will be able to operate the business as planned in the latter half of the year. The situation should start to improve in Q4. As of 30th June 2019, the

Microsoft Word - MDA Q319 EN.docx November 11, 2019 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

quarter of the previous year. Therefore, the gross profit margin was 24.40% which decreased by 3.75%. However, during the current quarter the Company was able to manage the cost and received the

follows; Performance Highlights for Q1/2020  Net profit attributable to shareholders was 206.8 million baht, an increase of 62.3 million baht or 43.1% growth from the same quarter of last year. And the net

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

cost was 126.3 MB decreased by 14.2 MB or 10.1% YoY. Because the Company is able to control the cost and labor cost more efficiently, which makes the gross profit increase compared to the previous year

management. Based on the Company's financial statements for the 3 months ended March 31, 2019 Business specific quarterly financial statement ended on 31 March 2019 indicates the net profit of 1.15 million

management. Based on the Company's financial statements for the 3 months ended March 31, 2020 Business specific quarterly financial statement ended on 31 March 2020 indicates the net profit of 2. 90 million

performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is