decreased by 18.0% in order to support festive and seasonal sales demand • Allowance of the decline in value of inventory decreased by 80.0% from obsolete and long aged finished goods • Selling expenses

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

2,858,433 Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods

, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The

Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for

 are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for