, the operations for the three-month period ended March 31, 2020 showed a loss of Baht 13.86 million. Compared to the same period of 2019, the loss was Baht 39.12 million, decreasing of 64.57%. The

of 241 million baht, an increase of 111 million baht or 85% y-y and 26% q-q drove by auto loans business expansion. The Company also launched Motorcycle Big Bike Hire Purchase in September 2019, which

year 2019 was Baht 116.44 million, decreasing by Baht 26.14 million or 18.33 % when compared to that of Baht 142.58 million in the year 2018. The total revenue comprised:- - The revenue obtained from

to the same period of 2018, the loss was Baht 140.04 million, decreasing of 38.42%. The Company would like to clarify significant changes in the Group’s operating results as follows: 1. Revenues from

subsidiary for the third quarter of the year 2017 was Baht 22.33 million, decreasing by Baht 30.23 million or 57.52% when compared to that of Baht 52.56 million in the third quarter of the year 2016. The total

control expenses and management expenses are efficiency. Finance cost are decreasing 22.14% from debt are decreasing from last year. The Company had net profit for the period Baht 7.61 million increased in

its subsidiary for the third quarter of the year 2019 was Baht 26.97 million, decreasing by Baht 14.16 million or 34.43% when compared to that of Baht 41.13 million in the third quarter of the year 2018

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

and services was ฿ 319.91 million, ฿ 34.68 million decreasing or 9.78 %. It is noticeable that the revenue from sales and services of the company has been decreasing as well as the cost of sales and

7.25 % from the same period of last year. This is result from decreasing in normal administrative expense such as decreasing in staff cost. 4. Finance cost was Baht 11.19 million; increase Baht 3.80