given customers increasing convenience to top-up and pay bills following the development of e-payment. In addition, to respond to the digital segment, AIS has launched NU MOBILE, an end-to-end online
the protracted US-China trade negotiations and concerns over Brexit risks. For the final quarter of this year, a brighter outlook seems to be in store for the Thai economy, thanks to the government’s
recovered. Bank of Thailand has adjusted down Thailand economic outlook forecast to a contraction of 8.1% for 2020, instead of 5.3% contraction previously forecasted. The crisis of the COVID-19 pandemic has
Equity 45.1% 47.6% 45.2% 45.1% 45.2% Financial Ratio FY2017 FY2018 5 Forth Smart Service Public Company Limited (FSMART) FY2019 Management Discussion and Analysis 2020 Management Outlook For 2020, to be in
enhance customer convenience and to reduce travelling time to purchase the products. As of March 31, 2021, the Company has over 15 off-site pop-up stores distributing over 8 provinces including Bangkok
. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to
with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International
investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business
Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in 2018 and Outlook for 2019 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Regulatory