points of Boonterm kiosks with quality and expanding the efficient installation points. As a result, total prepaid value continued to grow continuously. In 4Q18, total revenue from core businesses was

competition and resulted into slower sales in B2B as well. Adopting to the changing consumer behavior where consumers are transitioning to apply technology for their purchases, the Company is expanding its

, the Company has been careful and selective during the current economic situation and can maintain 1.3% NPL ratio. As at the end of 3Q2020, the total number of “Boonterm Kiosk” was 130,065 kiosks. The

Boonterm kiosk location strategy in 2018 rather than emphasizing on expanding http://www.ratchakitcha.soc.go.th/DATA/PDF/2562/A/043/T_0021.PDF 4 Forth Smart Service Public Company Limited (FSMART) 2Q19

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

% yoy. despite expanding business activities. This was the result of cost control measures particularly staff and supplies. In addition, during the same quarter of last year, there was non-recurring

to equity ratio was to 1.13 which is in line with 4Q17. Return on Asset stood at 13.3% which decreased from 4Q17. This resulted from an increase of assets from expanding kiosks in 2017. Return on

assets of Bt3,852.52mn, decreasing 1.6% compared to total assets last year, mainly due to emphasizing in efficient Boonterm kiosk location strategy in 2018 rather than emphasizing on expanding the kiosks

Increase (Decrease) 4 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Key Financial Ratio As at June 30, 2020, the Company had the current ratio of 0.61, equal