expanding through TV media and online channels. This is the core business of Shop Global (Thailand) Ltd. that the Company has invested in. And this will be another sales channel for expanding market and sales

operating results in the Quarter ’. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this year from Coronavirus disease (COVID-19

personal expenses and the depreciation because of the expanding capacity of subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director

Consolidated net loss for the period (Q1) amount -4.57 million compare with the same period (Q1) for the last year amount -2.80 because the Company Cost of Market Development of Expanding the customer base and

operations & Administrative expenses increased by Baht 97.94 million or 6.79 % due to the Medical personal expenses which was in line with the increased revenue,also increased because of the expanding capacity

& Administrative expenses increased by Baht 23.54 million or 13.02 % due to the Medical personal expenses also increased because of the expanding capacity of subsidiaries. 3. Finance costs increased by Baht 13.17

increased . 1.2 Cost of hospital operations increased by Baht 33.70 million or 7.89% mainly due to the Medical personal expenses also increased because of the expanding capacity of subsidiaries. 1.3 Selling

Boonterm kiosk location strategy in 2018 rather than emphasizing on expanding http://www.ratchakitcha.soc.go.th/DATA/PDF/2562/A/043/T_0021.PDF 4 Forth Smart Service Public Company Limited (FSMART) 2Q19

service, of which the Company is the banking agent for 6 banks. The money transfer has been growing consistently with 1,734 ,915 transactions per month, increasing 76.4% YoY. In term of lending business

favorite singers, Etc. all of which therefore result in the still growing well of the total usage amount. 2 Forth Smart Service Public Company Limited (FSMART) FY18 Management Discussion and Analysis