participate in the supply reduction had to stop fuel pipeline transfers, leading to lower production and export of crude oil; alleviating market pressure from excess supplies. Also, active oil rig counts in the

of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations of factory, kitchen utensils and equipment, expense of production unit. Major part of cost of sales is raw

profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations of kitchen utensils and space

supplies, vehicles and computer equipment because the main company business is system integration and requires no big fixed asset items. 2.2 Sources of Fund Liabilities The Company reports its liabilities at

more revenue contribution from IPD which generated highest margin comparing to other categories. Moreover, the efficient cost management such as medicine & medical supplies as well as the benefit from

security patients which generated high margin and effect of increase of social security payment rate in 1H’18. Moreover, the efficient cost management such as medicine & medical supplies as well as the

& medical supplies and improve in work- force efficiency as well as the benefit from economy of scale in term of declined fixed cost per unit were another factors to gross margin improvement. Administrative

medicine and supplies as well as staff. Administrative Expenses Administrative expenses increased dramatically by 24% yoy. This was the result of aforementioned provision for employee benefit of THB 2.2

from sales of scraps and mold supplies in 3Q18 were Baht 0.8 million and Baht 2.3 million in 9M18. Ocean Glass Public Company Limited Page 2/3 Management Discussion and Analysis Ocean Glass Public

% from those of the same period last year due to Power & Systems / Fan & Thermal Management business slow down but went up 6.5% from last quarter due to the recovery of power supplies for the automotive