1 Forth Smart Service Public Company Limited (FSMART) 2Q17 Management Discussion and Analysis Operational Summary in 2Q17 Total revenue from core business was Bt769mn, an increase of 48.0% YoY
and services 263.70 277.74 (14.04) (5.06) Total Costs of Sales and Services 753.19 734.65 18.54 2.52 Gross Profit 272.67 283.71 (11.04) (3.89) Other incomes 12.44 10.60 1.84 17.36 Distribution costs
handset sales. The reported net profit was at Bt6,757mn, showing 7.1% improvement YoY following the improvement in EBITDA, lower finance cost, and a net FX gain. QoQ showed a decline of -8.2% from lower
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
of 5.26 million baht in which there is a profit attributable for the equity holders of the Company of 4.13 million baht and the net profit includes an unrealized gain on foreign exchange of 21.63
income 3.6 0.0% 4.1 0.0% 0.5 13.9% Profit from investment - 0.0% 15.8 0.1% n.a. n.a. Interest income 6.9 0.1% 12.3 0.1% 5.4 78.3% Other Revenues 105.1 0.8% 167.5 1.5% 62.4 59.4% Gain (loss) from fair value
and its subsidiaries Operational Results in Q1/2019 and Q1/2018 Corporate Revenue In Q1/2019 the Company and its subsidiaries’ total earnings amounted to 224 million Baht, consisting of contract revenue
(Exclude Gain (Loss) on exchange rate) 406 308 98 31.7% Net profit (loss) attributable to equity holders Margin (%) (Exclude Gain (Loss) on exchange rate) 6.0% 5.5% 0.5% http://www.aapico.com/ http
sales (127.43 ) (290.46 ) 163.03 (56.13%) (72.54%) (98.16%) Gross Profit 48.23 5.43 42.80 788.21% 27.46% 1.84% Other income 8.49 10.19 (1.70 ) (16.68%) 4.83% 3.44% Gain on disposal of investment property