4.60 Return on equity (%) 3.69 5.63 Basic earnings per Share Baht/Share 3.09 4.43 Ocean Glass Public Company Limited Page 6/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited

baht and intense competition. Transaction For the Year ended 31st December Unit 2018 2017 Gross Profit Ratio % 14.58 15.60 Earnings Ratio % 3.15 4.88 Debt to Equity Ratio Time 0.27 0.29 Return on Equity

4,882.3 Earnings per Share (EPS) Baht 1.79 1.65 1.90 1.79 Total liability-to-equity ratio (D/E ratio) Times 1.31 1.43 1.57 1.79 Return on Equity (ROE) Percentage 12.10 11.03 12.55 15.247 Bangkok Commercial

) Total comprehensive income attributable to: Equity holders of the Bank 6,114,527 5,756,452 358,075 6.2 Non-controlling interests 26,523 54,789 (28,266) (51.6) Earnings per share of Equity holders of the

) (54.7) Total comprehensive income attributable to: Equity holders of the Bank 6,114,527 5,756,452 358,075 6.2 Non-controlling interests 26,523 54,789 (28,266) (51.6) Earnings per share of Equity holders

and intense competition. Transaction For the Year ended 31st December Unit 2019 2018 Gross Profit Ratio % 10.90 14.58 Earnings Ratio % 0.19 3.15 Debt to Equity Ratio Time 0.30 0.27 Return on Equity

Advance payment for shares - 15,600,000.00 Retained earnings (deficit) Appropriated Legal reserve 527,573.34 527,573.34 Unappropriated 6,568,902.81 2,088,646.63 Other componants of shareholders' equity

for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate namely ABPIF. • Share of profit from

) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint

46,856 Total increase (decrease) to liabilities 46,856 Shareholders’ Equity Unappropriated retained earnings (8,686) Non-controlling interest (3) Total increase (decrease) to equity (8,690) Impact to