% 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
, bank fee for letter of guarantee for oil and gas construction was increased, which in line with project value. 6. The Group has received long term loan form the financial institution since September 2017
has received long term loan form the financial institution since September 2017, therefore financial cost for the 3 months of 2017 was more than previous year. Statement of Financial Position Unit
the total liabilities respectively. The decrease for long term loan due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The company’s shareholder’s equity
9M16. Finance costs in 3Q17 and 9M17 decreased by 28.6% and 26.7%, respectively, due to the repayment of long-term loan. Statements of Financial Position as at September 30, 2017 September 30, 2017
liabilities respectively. The decrease for long term loan due to gradually paying off some balance of debt from the finance institution. 31 December 2016 31 December 2017 THB MB % THB MB % Current liabilities
-term loan. Whereas the Company’s shareholder’s equity stood at 943.0 million Baht, slightly decrease from the end of 2018. The Company’s debt to equity ratio was 1.61 times while the interest bearing
payable decreased Baht 127.47 million 3. Long-term loans and liabilities under long-term lease agreements, net of current portion decreased Baht 63.69 million due to repayment loan to financial institution
% respective of the total liabilities. The decrease for long term loan in year 2018 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholder’s
six-month period ended June 30, 2019. The period-on-period increase in finance costs was because of a loan withdrawal to construction disbursement and purchasing medical equipment. Net profits The