86.68 10.8% 110.87 15.2% 128.65 19.3% 16.0% 48.4% Revenue from vending machine & distribution business 4.11 0.5% 4.61 0.6% 3.32 0.5% -28.0% -19.2% Total revenue from core business (3 business units

, namely: 1. Online Top-up & Payment Business 2. Banking Agent & Lending Business, and 3. Vending Machine & Distribution Business. In the 2nd half of this year, the COVID-19 pandemic situation in Thailand is

points of Boonterm kiosks with quality and expanding the efficient installation points. As a result, total prepaid value continued to grow continuously. In 4Q18, total revenue from core businesses was

.  Expanding lending (PL Loan) business for Boonterm kiosk’s Master Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees.  Expanding distribution business to mom-and-pop shops

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

banking agent business.  Developing Boonterm kiosk to be a one-stop financial service kiosk, i.e. cash deposit, money withdrawal, money transfer, payment, and new account opening.  Expanding lending (PL

(BAY) and Government Saving Bank (GSB), and new variety of services such as bank saving lottery, PA insurance, etc. The Company also focuses on expanding the kiosks with SIM card selling and electronic

increase of depreciation cost from expanding Boonterm kiosk. 2) Sales profit was Bt0.43mn, a decrease from 1Q2017 which was Bt1.44mn, represented 70.1%. In 1Q18, the Company emphasize efficient Boonterm

29.3% YoY. FSMART has continued the strategic plan of expanding the number of Boonterm kiosk effectively and maintaining the ARPU (average revenue per unit) level efficiently. In 2017, the average ARPU

from expanding Boonterm kiosk. 2) Sales profit was Bt0.88mn, a decrease from 2Q2017 which was Bt1.44mn, represented 38.9%. In 2018, the Company emphasize efficient Boonterm kiosk spot, meanwhile in 2Q17