were results of declining in modern trade market and HORECA (Hotel, restaurant, catering). While traditional trade presented improvement comparing to Q3/2016. ● The company presented net profit in Q3

Million, or 4.1%. Please find the details of sales growth by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 387.3 Million that

-over-year. Please find the details of sales growth by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 391.0 million which 8.8

-over-year. Please find the details of sales growth by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 374.3 million of which

details of sales by business units as follows: - Processed meat business (Traditional Thai Food, Snack and Frozen) recorded its revenue of Baht 369.8 Million that 4.5% decreased from Q2/2019 or by Baht 17.5

Marsden, 2015; Nian and Chuen (2015); Gafar et al., 2021) 4 Background(Cont.) •Support combine Cryptocurrency to Portfolio •Low correlation with traditional assets(Krückeberg and Scholz, 2019) • Improve

and starting petrol kiosk business. 6 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis the Bt400-600mn lending amount (with 12-36 months installment contract

Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees. • Expanding distribution business to mom-and-pop shops and starting petrol kiosk business. 6 Forth Smart Service Public

for Boonterm kiosk’s Master Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees.  Expanding distribution business to mom-and-pop shops and starting petrol kiosk

-old and older would account for approximately 20 percent of the total population. Pension or traditional welfare alone is unlikely to sufficiently maintain the retirees? living standard. In light of the