Microsoft Word - ACC-LT022_E_MDA-Y'1Y (provision) (RW).docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor

Microsoft Word - ACC-LT022_T_MDA-Y'17 (provision) (RW).docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor

Baht, increasing 50.81% compared to the same period last year due to the adjustment of decremented provision and doubtful accounting policy to reflect the current assets value. 2. Cost of sales and

of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to

Business Manufacture and trade steel bars and finished steel products Relationship with the Company Business Partners Debt amount * 231.89 million Baht Debt to Sales ratio** 7.21% Provision for allowance for

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

impairment of investment in subsidiaries (Baht 456 million), Gain from debt restructuring (Baht 337 million), Reversal of provision for a guarantee of subsidiary (Baht 242 million) and net Gain from foreign

6.87 million metric tons, decreasing 13.72% compared to the previous year consisting of the long finished steel production of 3.94 million metric tons, decreasing 25.38% and the flat finished steel

consisting of the long finished steel production of 3.94 million metric tons, decreasing 25.38% and the flat finished steel production of 2.93 million metric tons, increasing 9.28% compared to the previous

Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year