0.39 million penalty fee for early loan prepayment in Jan. 2017 as well as the principal. Net Profit and profit margin Net profit of the Group was THB 147.43 million and 128.9 million in 2018 and 2017
respectively, equivalent to 2.4% and 1.5% respective of the total liabilities. The decrease for long term loan in year 2019 due to gradually paying off some balance of debt from the finance institution
million which was higher than sale that recorded in the same period of last year. MK employed several strategies in order to help customers reduce the impact of the Bank of Thailand housing loan control
amounts to 7.5 Million Baht, decreased by 3.3 Million Baht or 30.6% compared to the previous year due to reduce of loan to a subsidiary. 4 Events after reporting period At the Board of Directors’ Meeting No
1,775.85 (49.08) (2.76) Accounts payable 88.56 149.37 (60.81) (40.71) Long-term loan 118.73 108.67 10.06 9.26 Other liabilities 39.86 34.53 5.33 15.44 Total liabilities 247.15 292.57 (45.42) (15.52) Total
). This was mainly due to short-term loan and debenture repayment of Baht 2,400 million. Meanwhile, trade accounts payable decreased by Baht 549 million, advance received from customers decreased by Baht
value of net tangible assets basis, equals to 15.22% (based on the Financial Statements for the year ending 31 December 2019). Source of Fund for Investment - Loan from bank in the amount of 75 million
amount of 42.47 million Baht, decreased 0.45 million Baht or 1.04% from the same period last year due to the Company repay a portion of loan principal to financial institutions according to debt
December 2016 which was 1,358.96 Million Baht or 2.15% because of 1) the repayment of long term loan from financial institutions, and 2) dividend payment on 25 May 2017 amounting to 25 Million Baht (0.03125
% compared with 6M16. Finance costs in 2Q17 and 6M17 decreased by 27.5% and 25.9%, respectively, due to the repayment of long-term loan. Ocean Glass Public Company Limited Page 3/3 Management Discussion and