from buying and transferring assets THB 129.1 MB and depreciation on useful life of asset in which increase for THB 15.7 MB. Liabilities The Company’s total liabilities as of 31 December 2019 and 2018
property and equipment amounting THB 7.4 mn equivalent to 3.5%. This decrease is due to the depreciation on useful life of assets. The property and equipment totaled THB 205.0 mn equivalent to 94.3% of total
project called “Elevate Life’s Pleasure” to deliver Life’s Pleasure experience through various types of quality glassware in consumers’ everyday life. Ocean Glass Public Company Limited Page 2/ 6
Cc: Chairman, Association of Securities Companies; Chairman, Association of Investment Management Companies; Chairman, Securities Analysts Association; Chairman, The Thai Life Assurance Association
, The Thai Life Assurance Association; Secretary General, The Thai Bankers’ Association; Secretary General, The Foreign Banks’ Association
, The Thai Life Assurance Association; Secretary General, The Thai Bankers’ Association; Secretary General, The Foreign Banks’ Association
Company expand its business toward insurance business in 2018 by become a majority shareholder in JP Insurance Public Company Limited for 55% of total shares which engages in non-life insurance business
(22.49) (18.81) % to sales revenue 31.95 48.01 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative Expenses The Company recorded
result of the adjustment of the provision for obsolete and slow-moving 4 inventory in the first quarter of 2019 in order to better classify product inventory shelf life, depreciation, and obsolescence, the
revenue 40.7 30.9 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative expenses Administrative expenses mainly comprise