1 Forth Smart Service Public Company Limited (FSMART) 2Q18 Management Discussion and Analysis Operational Summary in 2Q18 Total revenue from core business was Bt848.81mn, an increase of 10.4% YoY
decreases in losses from the ICUK operation as ICUK’s spending were in effective control. In 1H/2020, net profits were THB 1,714 million, an increase of THB 767 million or 81.0%, representing a ratio to sales
in 2018. The Bank of Thailand forecasts an increase in GDP of 3.9% for 2018 driven by the marked uptick in infrastructure spending, tourism and continued recovery in private consumption. Consequently
which reflected in sluggish spending in fast moving consumer goods (FMCG). Proportion of each market segment and growth is as shown in figure 2. Figure 2: MAT Jun 2017 RTD Fruit Juice Market Value
low margins since it is selling only hardware yet competitive. As a result, the changes in net profit increased at lower rate than the increase in revenue. Besides, the increase in revenue partly came
measures. The exports sector fell sharply affected by weakening trading partner demand. These factors resulted in an increase in the unemployment rate to 2% in the second quarter of 2020 and the high level
to weak spending affecting mobile operators to maintain offering low-unlimited plans to keep their customer base. In addition, as mobile operators have attempted to increase their 5G adoption, there
8,930 million baht, showing an increase of 150 million baht or 2% y-y. In second quarter, The Company’s revenues was 4,541 million baht, increasing by 2% y-y and 3% q-q. This is the result of increase in