consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. In the first half of 2018, the Company had total consolidated expenses of 7,855 million baht, an increase

Condensed Consolidated Statement of Financial Position 2018 2017 + (-) % (in million Baht) For the three-month period ended 30 September Gain from debt restructuring - 110 Other income 18 45 (146%) Total

financial institutions total amount of THB 991.7mn. As a result, the Company had ending cash of THB 634.5mn as of 31 March 2019. 1 Calculated from interest-bearing debt net of cash and cash equivalents

income 23.88 59.13 (35.25) (59.61) Service income - 3.09 (3.09) (100.00) Other income 1.13 1.14 (0.01) (1.01) Total Revenues 25.01 63.35 (38.35) (60.53) Cost of construction 47.89 87.62 (39.73) (45.35

59.13 (35.25) (59.61) Service income - 3.09 (3.09) (100.00) Other income 1.13 1.14 (0.01) (1.01) Total Revenues 25.01 63.35 (38.35) (60.53) Cost of construction 47.89 87.62 (39.73) (45.35) Cost of

) 1.14 1.39 Debt to Equity Ratio (times) 0.96 0.72 Ocean Glass Public Company Limited Page 4/4 Management Discussion and Analysis Total Assets As of September 30, 2020, total assets presented at Baht

from the repayment of fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also repayment under the rehabilitation plan of Gateway Estate Co., Ltd. to MDX for

Company Limited (“Company”) wish to give explanation of the performance of the Financial Statement as at 31 December 2017 as follows: The company has total revenue of THB 25.3 million in 2017, decrease by

2019 as follows: The company has total revenue of THB 5.77 million for the second quarter 2019, increase by THB 1.81 million when compared to the second quarter 2018, by decrease from Non-performing debt

) (95.93) 1. Revenues from contraction contracts On Q2/2019, the Group has revenue from construction contracts total of Baht 540.31 Million, increased by Baht 199.63 Million or 58.60% compared with the same