Analysis Key Financial Ratio As at 31 December 2019, the Company had the current ratio of 0.64, increasing from previous year, as a result of the reduction in current liabilities from short-term loan

Dec 19 31 Mar 20 Increase (Decrease) 4 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Key Financial Ratio As at 31 March 2020, the Company had the current

business sector. Therefore, the Regulatory Guillotine is an important scheme under SEC strategic plan (2020-2022). SEC will lessen its processes, procedures and document required for submission toward SEC

waste tends to decrease. The company expects that the waste sent to the company will be lessen during the second to third quarter of 2020 around 15-20 percent reduction. Presumably, the waste situation

, rose by 86% compared to 1Q2019, resulting to EBITDA of THB 345 million, improved from prior year by 145% mainly from profitability improvement of methyl ester driven by lessen competition in product

. More flexibility has also been provided for both investors and fundraisers, such as heightened derivatives investment ratio, revised offering regulations for Basel III instruments and revised business

providing services appropriately. More flexibility has also been provided for both investors and fundraisers, such as heightened derivatives investment ratio, revised offering regulations for Basel III

วิธีการคำนวณอัตราส่วนทางการเงิน (key financial ratio) แบ่งตามประเภทธุรกิจ สำหรับการเสนอขายตราสารหนี้ทุกประเภท (แนบท้ายประกาศ ทจ. 44/2563)

(2) Conversion ratio: 0.865 Tons = 1,000 Liters (3) Reference Price of DIT (4) Market ME Price - Mixed Feedstock according to EPPO's B100 formula Market overview comparison between 2Q2020 vs. 2Q2019 An

investment, fiscal stimulus, increase in relocations of production base to Thailand would be beneficial to private consumptions and investments and lessen the negative impacts from the external factors. For