second quarter. Within the Office segment, the revenue grew by THB 42mn or 14.9% YoY to THB 324mn, increasing mainly from the newly acquired office building, Noble Ploenchit office building that generated

between 15-20 days in order to avoid increasing cost of sales from stock of products too much. Because the fluctuation of palm oil prices is still an important factor in the Company's profitability. As of

(but shall be included from 1Q 2019 onwards). As of 4Q 2018, U City’s office building portfolio was 99% occupied on a blended basis, down slightly from the previous year on tenant turnover at TST Tower

1 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Operational Summary 9M18 Operational Summary  Total revenue from core business was Bt2,523mn, increasing

271.42 million or increased 29.27% when compare to the same period of 2016, due to the increasing of the quantity of Sales. 2. Cost of goods sold was Baht 1,021.58 million, and the gross profit margin was

Baht. Mainly by the increasing of Revenue from sales 17% with the increasing from domestic sales and expansion oversea market. There are gross margin rate for the period is 21%, and 14 % in 2018. As the

Baht 20.16 Million or 1.38% when compare to the same period of 2019, due to the increasing of the quantity of Sales. 2. Cost of Sales was Baht 1,284.25 million, decreased 4.66% when compare to the same

increasing of Revenue from sales 14% with the increasing from selling price and sale volume. In the first quarter of year 2018 gross profit rate 15 %, increased 7% compared with the last year. The first

order to increase the frequency of use from the regular customers. As a result, FSMART has total revenue from core business which is Bt769mn in 2Q17 increasing 48.0% YOY and has net profit was Bt144mn

8,930 million baht, showing an increase of 150 million baht or 2% y-y. In second quarter, The Company’s revenues was 4,541 million baht, increasing by 2% y-y and 3% q-q. This is the result of increase in