Dec 19 31 Mar 20 Increase (Decrease) 4 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Key Financial Ratio As at 31 March 2020, the Company had the current
, decreasing by 8% y-y. However, the Company still maintained effective operating cost control with cost to income ratio at 39% of total revenues. Considering the Company’s separate financial statement, the
. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues. Considering the Company’s separate financial statement, the operating and
cost to income ratio at 37% of total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues was 35%. - Expected Credit
shares into ordinary shares at a ratio of 1 preferred share to 1 ordinary share. In this regard, the holders of the preferred shares must submit a notice of conversion according to the form specified by
. Because of this transaction has consideration by issue warrant to private placement (group of GS’s exsisting shareholder proportionally) 90,000,000 units at offering price of Baht 0.16 per unit and issue
conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the disclosure of information memorandum. In order to approve this connected transaction from shareholders
right to vote. However, shareholders who have conflict of interest in this issue are excluded from the vote. The Company also needs to prepare the disclosure of informatio transaction from shareholders
decreased from the end of 2018 equal to 437.5 million Baht or 29.9 percent. Since the Company repaid the loan for financial institution, causing the Company having the debt to equity ratio equal to 0.80 times