1 Forth Smart Service Public Company Limited (FSMART) 3Q17 Management Discussion and Analysis Operational Summary in 3Q17  Total revenue from core business was Bt788mn, an increase of 42.1% YoY

promotion and marketing events to increase sales amounts in this year such as “FN Fair” at head office and branches. For sales of existing branches, it was not achieve the target since the delay of domestic

performance of the Group Unit: Million Baht Q1’ 2018 Q1’ 2017 Increase (decrease) Variance (%) Total revenues 1,977 1,570 407 26% Net profit 116 50 66 132% The Group has total revenues of Baht 1,977 million for

follows. Performance Analysis For the Quarter 2-2018, the Company and its subsidiaries had total revenue of 373.61 million baht, an increase of 69.16 million baht or 2.75 percent, with the total net loss of

998.59 million Baht, an increase of 756.50 million Baht or 312.49% from the same period last year. The main factor of the increase revenue came from the transfer of real estate which increased by 755.08

with 9M17 due to the Company arranged more promotion and marketing events to increase sales amounts in the first six-month periods such as “FN Fair” at head office and branches. The Company keeps

, amount of 81.5 million baht, or 2.2% from the total revenue, an increase of 19.4 million baht, or 31.1%, compared on the same period from last year. Mainly from an increase of revenues from the property

% and decrease of 78%, compared to the same period of the previous year respectively. The Company would like to clarify the significant reasons for the increase/decrease in profits for the third quarter

company”) reported consolidated operating revenue of THB 312 million in Q2/2019 and of THB 599 million in 1H/2019, which increased by 51% from Q2/2018 and 48% from 1H/2018, respectively. • The increase was

fourth quarter of 2019 was 10.3% , increased from 4.4% comparing with the same period of last year. The main reasons for the increase in profit from continuing operations were mainly due to an increased