Overview In term of the retail industry in 2Q17, low growth rate has been continued from the previous quarter due to the higher household debts and credit card debts from middle-low consumers in which

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

shall also implement remedial measures for service users as proposed by publicizing the date of service termination of SPRING 26 Channel, for the purpose of acknowledging service users, consumers

merchandise. High sales volumes were recorded for these 2 categories during the summer. These marketing activities were organized to encourage consumers to make a positive purchase decision. Furthermore, the

measuring consumers’ confidence on current economic situation and the next 6 months. The number of foreign tourist arrivals in second quarter and first-half registered an 9.1% and 12.5% growth respectively

by relying on consumers’ higher purchasing power. Moreover, retail players need to prepare for E-Commerce business which presents high growth lately. (Source : EIC Outlook Q2/2018) Performance Analysis

GDP meanwhile income and wages did not exhibit high growth rates. However, most of retailer concerned about that and recognized that the consumers concentrated on conservative spending by limited only

September 2018, the Company had total assets equal to 18,648.1 million baht more than at the end of 2017 2,204.5 million baht or 13.4 percent due to loans to consumers, purchased of receivables account, asset

year 2019. The loan receivables outstanding balance stood at 3,678 million Baht or a decline by 8.8% from the ending of 2018. The Company is very cautious to lending consumers. Moreover, the Company

%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However