investment picked up in line with the improved economic outlook, and with additional support from the government investment project even in this quarter its growth was lower than the assessment as the delayed
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
Equity stood at 39.5% which decreased from an increase of shareholders’ equity. 5 Forth Smart Service Public Company Limited (FSMART) 1Q18 Management Discussion and Analysis 2018 Management Outlook
Analysis 2019 Management Outlook Emphasizing efficient Boonterm kiosk spot with the ARPU management more than 5% of growth from 2018 Increasing 5,000 Boonterm kiosks nationwide to reach 135,053 kiosks at
Equity 45.1% 47.6% 45.2% 45.1% 45.2% Financial Ratio FY2017 FY2018 5 Forth Smart Service Public Company Limited (FSMART) FY2019 Management Discussion and Analysis 2020 Management Outlook For 2020, to be in
2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MANAGEMENT OUTLOOK The Company reported operating revenue of THB 199mn, an increase of 4.9% QoQ and 9.6% YoY
MANAGEMENT OUTLOOK In 3Q 2017, we successfully accomplished the Company’s roadmaps by once again delivering highest top-line and bottom-line results in the Company's history. Our 4Q 2017 performance is
(FSMART) 4Q17 Management Discussion and Analysis 2018 Management Outlook Emphasize efficient Boonterm kiosk spot with the ARPU management more than 5% of growth from 2017 The increasing 20,000 Boonterm
maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3
scheduled to achieve COD in 2Q2019-1Q2020. Tris Rating affirmed the company rating and senior unsecured debentures at A- with Stable Outlook. 3 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business