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
leads to product development and finally expanding company business, increasing sales growth and profit return in the future Please be informed accordingly. Yours Sincerely, (Mr. Suchat Mongkhonaripong
caused the gross profit in this period was at THB 23.8 million or the gross profit margin represented at 13.2%. It decreased by THB 6.3 million or 21.0% from the prior period, however; when compared to the
on disposal of assets - - - 2,119 -100% Other income 8,810 3,909 125% 7,251 22% 4,552 94% Total revenues 519,428 538,364 -4% 494,213 5% 498,549 4% Profit (loss) before interest and income tax (19,757
same period by franchises and delivery services expanding and co-promotion with banks and mobile service providers. - Swine farm business recorded its revenue of Baht 50.9 million that decreased of Baht
expanding and co-promotion with banks and mobile service providers. - Swine farm business recorded its revenue of Baht 194.9 million that decreased of Baht 29.5 million from year 2016 due to decreasing of pig
increase of depreciation cost from expanding Boonterm kiosk. 2) Sales profit was Bt0.43mn, a decrease from 1Q2017 which was Bt1.44mn, represented 70.1%. In 1Q18, the Company emphasize efficient Boonterm
% 4,552 59% Total Revenues 494,213 473,402 4% 498,549 -1% Profit / (Loss) before interest and taxation (44,109) (4,437) 894% 3,077 -1,534% Margin -9% -1% 1% Profit / (Loss) for the period (84,511) (47,544
for 3.05 million baht. The incomes obtained from logistics service charge and gross profit are slightly increased from the same period of the previous year but the net profit of the same period of the
in Q2/2017. (Unit: Thousand Baht) Revenues Gross Profit Selling Admin Net(loss) profit Q2/17 222,225 80,232 19,957 22,698 (293,091)*** Q2/18 221,202 78,238 21,637 19,916 35,335 Change -1,023 -1,994