the decreasing in sales from FiT Premium as the result of the expiration of FiT Premium period of three biomass power plant during the period third quarter of 2020 to third quarter of 2021 as

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

KBank prioritized enhancement of customer care and service efficiency in order to deliver an excellent customer experience. Through the One Team project, our personnel are equipped with knowledge and know

and services was ฿ 319.91 million, ฿ 34.68 million decreasing or 9.78 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of sales and

7.25 % from the same period of last year. This is result from decreasing in normal administrative expense such as decreasing in staff cost. 4. Finance cost was Baht 11.19 million; increase Baht 3.80

costs of sales and services was ฿ 478.96 million, ฿ 44.34 million decreasing or 8.47 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of

฿ 604.31 million, ฿ 29.63 million decreasing or 4.67 %. Resulting in profit decreased the year ended December 31, 2018, the company has profit of ฿ 19.00 million, ฿ 70.78 million decreasing from the same

Subsidiaries’ Financial Statement as of March 31, 2019 MDX Public Company Limited (“MDX”) would like to explain major factors that affect Q1/2019 consolidated operating results as follows: ▪ A decreasing cost of

costs of sales and services was ฿ 457.41 million, ฿ 21.55 million decreasing or 4.50 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of

current operation. 3. Selling expense were Baht 43.35 million; decreased Baht 5.13 million or 10.58% from same period of last year This is the same trend of decreasing in Revenue from sale and service. 4