13.99% in relation to the higher-level of promotional activities with vendors. 2. Gross profit from product sales and service income ( Home Service) was Baht 3,873. 23 million, an increase of Baht 134. 02
1 Forth Smart Service Public Company Limited (FSMART) 4Q17 Management Discussion and Analysis Operational Summary in 4Q17 Total revenue from core business was Bt3,105mn, an increase of 38.3 % YoY
sourcing and import. Analysis of Financial Performance Revenues Business categories Operated by For the year ended 31 December Changes Increase (Decrease) 2017 2016 THB mm % THB mm % Sales 1. Sales from
there is no opening project cost in this period and increase in revenue Bath 32 million. 3. Gross profit of Solar energy (“SE”) increased Baht 1 million and the same level of gross profit margin. 4
in year 2017 (“2017”) increased 16% yoy. This increase was driven by both non-social security and social security part. Accelerated revenue growth from social security came from higher number of
card were 7,490 million baht, showing an increase of 683 million baht or 10% y-y. This was the result of the Company has cooperated with many high-potential leading business partners to increased member
level of examination strictness increases according to the higher level of risk. In case of non-compliance with the above measures, the SET has the power to impose penalties. Moreover, in cases where
million baht or 5% from last year. This was the result of the Company has cooperated with many high-potential leading business partners to increase member base such as issuance of Big C Platinum payWave
debt collection and other services in the third quarter of 2018 was 225.8 million baht or increase 46.8%. For 9-months end, an income from debt collection and other services was 1,881.6 million baht or
percent, up from 2.8 percent at the end of 2016, reflecting a smaller increase in loans than last year. The level of capital reserves and loan loss reserves remained high. At the end of 2017, the total