”, 50% booking on first VVIP day. The Group created a new brand “The Origin” to serve the young generation market particularly first jobbers and first condo buyers, aged between 23-28 years old, to solve

hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged

day and “Park Origin Chula-Samyan”, 50% booking on first VVIP day. The Group created a new brand “The Origin” to serve the young generation market particularly first jobbers and first condo buyers, aged

decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to

2.2 million, increased by 150.6% due to provision of obsolete and long-aged finished products. Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis  Selling and Administrative

Company separately reported allowance for the decline in value of inventory from cost of goods sold. The amount was reported at Baht 1.3 million, increased by 4.4% from obsolete and long- aged finished

inventory presented at Baht 6.0 million, increased by 361.6% due to provision of Crystalline cullet and provision of obsolete and long-aged finished products.  Selling and Administrative Expenses Selling

, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68

 pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter

 group companies normally write‐off out‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 70 days as at