ONE ASSET MANAGEMENT LIMITED|Cross Investing Fund | Offering Date : 08/07/2019 - 18/07/2019
order to increase the frequency of use from the regular customers. As a result, FSMART has total revenue from core business which is Bt769mn in 2Q17 increasing 48.0% YOY and has net profit was Bt144mn
cards), net increasing by 250,000 cards from February 28, 2017. Covering networks nationwide, the Company has 106 branches, 473 ATMs, and over 17,600 member dealers to provide quality financial services
for luck and prize redemption in order to increase the frequency of use from the regular customers. As a result, FSMART has total revenue from core business which is Bt788mn in 3Q17 increasing 42.1% YOY
for luck and prize redemption in order to increase the frequency of use from the regular customers. As a result, FSMART has total revenue from core business which is Bt788mn in 3Q17 increasing 42.1% YOY
. 4Q18 Financial and Operational Summary In 4Q18, core service revenue was Bt33,683mn, increasing 3. 3% YoY and 1. 7% QoQ, driven by both mobile and fixed broadband business. Mobile subscribers continued
remained around Bt600. FY19 Operational summary At the end of 2019, total mobile subscribers grew to 42mn, increasing 2.1% YoY. Postpaid segment continued to grow strongly, adding 918k, driven by promotional
mobile ARPU improvement as well as an increasing number of fixed broadband customers. Sales revenue was Bt7,488mn, a decrease 9.9% YoY from softened competition but rose 49% QoQ due to seasonality. Sales
the one- time expense, normalized EBITDA in 2Q19 was Bt19,753mn, increasing 4% YoY and 4. 5% QoQ, while normalized net profit was Bt8,234mn, increasing 2.9% YoY and 8. 1% QoQ. In conclusion for 1H19
up. As a result, core service revenue in 3Q18, which excluded IC and equipment rental, was Bt33,134mn, increasing 2. 1% YoY but decreasing 0. 9% QoQ. EBITDA remained growth YoY but softened QoQ Cost