same quarter of the previous year (increased by 3.6 percent from Q3/2019), mainly due to the increased proportion of new season seaweed which accounted for decreasing costs, and the growing utilization

improved service revenue and handset sales, but decreasing 6% QoQ mainly from lower handset sales. Service revenue (excluding IC) was Bt31,364mn increasing 4% YoY driven by growing postpaid segment

costs of sales and services was ฿ 478.96 million, ฿ 44.34 million decreasing or 8.47 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of

฿ 633.94 million, ฿ 52.21 million decreasing or 7.61 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of sales and services which lower even

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

business was Bt799 mn, decreasing 5.2% YoY  Number of “Boonterm kiosk” was 129,208, decreasing 0.9% YoY  Total usage amount was Bt10,337mn, decreasing 0.8% YoY  Total average number of money transfer

, the total transaction amount was Bt9,943mn, decreasing 5.4% YoY. However, the money transfer service, of which the Company is the banking agent for 4 banks, has been growing consistently with average of

generate higher income, and this scheme will complete at the end of this year. The usage amounts from money transfer are continually growing driven by a decrease of the number of banks’ branch then customers

from decreasing of foreign sales revenue  Gross profit margin Q2/2018, the Company and its subsidiaries had the total gross profit of 78 MB decreased from Q2/2017 at 2 MB by 2.5 percent while the gross

since mid of the quarter)  Net profit was B127mn, decreasing 15.4% YoY – from Covid-19 pandemic and effect of new accounting standard adoption of Bt1.41mn.  Total revenue from core business was Bt729mn