1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in
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
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
subsidiaries’ hotel assets have aged after a certain period of time, which potentially causing an adverse impact on operational performance and profitability. Consequently, the Company has established a plan to
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