from increasing of loans for expanding Boonterm Kiosk Interest-bearing debt to Equity ratio increased to 1.00, mainly from loans for investment and working capital. Return on Asset stood at 18.0%, mainly

. Debt to Equity ratio decreased to 2.28, mainly from increasing of loans for expanding Boonterm Kiosk Interest-bearing debt to Equity ratio increased to 1.00, mainly from loans for investment and working

quarter of year 2019 increased 47.95 and 54.11 percent from the same period of last year. Main attribution is increasing in sales quantities from 2 nd production line. The effect from Thai Baht appreciation

Company still operates business as planned by increasing service on Boonterm kiosk and expanding business to new businesses in order to attract more customers to use the Boonterm kiosk and expand the

leads to product development and finally expanding company business, increasing sales growth and profit return in the future Please be informed accordingly. Yours Sincerely, (Mr. Suchat Mongkhonaripong

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

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

quarter of year 2019 increased 44.40 and 38.21 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. However, continuously decreasing in

, increasing 7.5% YoY  Net profit was Bt583mn, increasing 7.4% YoY  Number of “Boonterm kiosk” was 130,053, increasing 4.3% YoY  Total usage amount was Bt41,980mn, increasing 16.1% YoY  Total average number

cards), net increasing by 250,000 cards from February 28, 2017. Covering networks nationwide, the Company has 106 branches, 473 ATMs, and over 17,600 member dealers to provide quality financial services