อยางเปนมืออาชพี” Cost of sales in Q3/2018 accounted for 79.3% of revenue, up from 77.4% in Q3/2017. As a result, the average price of raw materials increased. As a result, gross margins narrowed. The

increased for 25.58% but the sales volume has decreased by 7.70%. Due to the limited availability of refined glycerine as raw materials from biodiesel production have decreased in accordance with the volume

addition, the domestic market has limited availability of refined glycerine as raw materials from biodiesel production have decreased in accordance with the volume of biodiesel production. Therefore, the

% 215 -32% 361 730 -51% Adjusted EBITDA Margin (%) 4.4% 6.8% -2.4% 7.6% -3.2% 5.9% 8.2% -2.3% Net Profit -36 67 -154% 20 -280% -16 131 -112% Item from raw materials derogation 14 -2,004 -101% 2 600% 16

the previous year, mainly due to a decrease in premises and equipment expenses, traveling expenses and office supplies. Please be informed accordingly. Yours Sincerely, (Mr. Chih-Hung Lin) Chief

higher production cost in accordance with higher sales volume and from machines' maintenance and development cost, and factory supplies. For the 2d quarter of 2A17 , the selling and administrative expenses

Company having some costs in depreciation, electricity charge, and consumable supplies. Selling expenses The Company booked selling expenses amounting to Baht 0.49 million and Baht 0.98 million for the

Baht 1.5 million in 6M18 from sale scraps and mold supplies. Ocean Glass Public Company Limited Management Discussion and Analysis Consolidated Financial Results For the period ended June 30, 2018 Ocean

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

amount of 52.64 million baht, as subsidiary, Grace Water Med Company Limited (“GWM”), operating business of producing and selling dialysis solutions and various medical supplies, which decreased from the