possessed the inside information that ICHI’s operating net profit decrease in the financial statement of 2016 which significantly fell from the operating net profit of Q4/2014 had a net loss of amount of

quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during

higher taxable profit in this year and additional payment of income tax of previous years. Loss attributable to non-controlling interests of the subsidiaries amounted to Baht 4 million in the current

year 2018, the consolidated net loss of the Company and its subsidiary was Baht 11.75 million, reduced by Baht 45.71 million from last year. The main reasons were as follows:- 1. The consolidated sales

to clarify the company and the subsidiaries operating results for the year ending, December 31, 2018 as follows: Profit and Loss of the year ended 2018 Unit: Million Baht Profit and Loss Statement

retirement benefits in 2nd Quarter, the Company reported net loss of Baht 32.7 million. Loss per share was Baht 1.53. Ocean Glass Public Company Limited Management Discussion and Analysis Consolidated

%) (31.79%) Tax income (expense) (2.64 ) 0.00 2.64 N/A (3.91%) 0.00% Profit (loss) for the period (23.21 ) (28.30 ) 5.09 17.99% (34.40%) (50.12%) Basic earnings per share-Owners of the Company (0.03 ) (0.03

expenses increase from 1) Loss on exchange rate 4.18 million baht due to investment in foreign fund, that unrealized loss from exchange rate and 2) loss on disposal of investment in joint venture 5.22

354,032 38,198 44.12 Selling and distribution expenses 104,588 106,427 (1,839) (1.7) 95,785 93,788 1,997 2.1 Administrative expenses 180,753 174,720 6,033 3.5 131,619 123,826 7,793 6.3 Loss on impairment of

to clarify the company and the subsidiaries operating results for the year ending, December 31, 2019 as follows: Profit and Loss of the year ended 2019 Unit: Million Baht Profit and Loss Statement