interest expenses of long-term loan. Ocean Glass Public Company Limited Page 3/3 Management Discussion and Analysis Statements of Financial Position as at March 31, 2020 March 31, 2020 (Million Baht

. 382.90 429.25 LH Property and Loan Fund II 1.99 18.00 Quality House Public PLC. 127.64 221.31 Total 736.25 857.81 Share of profit from investment in associates in 1 st quarter of 2020 was decreased of

expenses equal to 636.7 million baht, 12.8 % increasing. This is due to the allowance of provision in distress debt management business and personal loan business. Finance Cost The company had total

same period previous year. The increase came from printing business at Baht 7.60 million or 37% due to interest expenses from debentures and loan Baht 26.99 million. The decrease from power plant is Baht

from the company business. In addition, the Company also had loan from financial institution in the year 2018 amounting to 12.00 THB mn. The non-current liability included lease liability, deferred

Short term loans from banks 26.73 1.36% 55.72 2.63% Account payables, trade and others 300.68 15.33% 368.07 17.38% Long term loan due within one year 4.50 0.23% - - Lease payable due within one year 3.21

Baht 57 million was mainly due to dividend paid to shareholders amount of Baht 80 million, long-term loan repayment to financial institutions amount of Baht 64 million and payment under lease liabilities

income of amount 21.9 Million Baht. Financial Expense Financial expenses amounts to 5.7 Million Baht, decreased by 2.7 Million Baht or 32.1% compared to the previous year due to reduce of loan to a

, respectively. The main reason was from loan to related parties in AUD currency. As AUD currency depreciated in relative to USD currency, the asset value in AUD currency decreased. Management Discussion and

Front End Fee Amortization of Baht 240 million as a result of the adjustment of short-term loan repayment plan of Baht 74,000 million in October 2019. Executive Summary Q3/2019 Operating Highlights Baht