by Baht 24 million or equivalent to 92%. Page3of4 Selling expenses (Unit: Thousand Baht) Q1'20 Q1'19 Inc/(Dec) Employee costs 7,528 3,997 3,531 Rental, service fee and utilities expenses 8,406 5,623
Baht) 1st Quarter Change Amount % Cost of goods sold -244,141 -231,102 -13,039 5.64% Selling expenses -54,924 -31,374 -23,550 75.06% Administrative expenses -19,711 -21,577 1,866 -8.65% Finance Costs
0.51 0.39 o.12 30.86 TM Revenue 39.38 39.55 29.71 9.84 33.13 Costs of Sales (27.78) (27.84) (20.82) 7.02 33.74 Selling Expenses {2.7e) (2.7e) Q.67) o.12 4.62 Administrative Expenses (3.83) (3.82) (3.34
cost of hospital operations for the 2nd quarterof Year 2018 and 2019 were in amounts of Baht 99.04 millions and Baht 145.14 million, respectively, which increased by 46.5%. Costs of hospital operations
27.7 Finance costs 4.3 5.3 (18.0) 13.8 15.0 (7.7) Total expenses 450.0 478.3 (5.9) 1,335.0 1,381.3 (3.3) Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis 3rd Quarter 2019
. Analysis of Cost and Expenses 1. In Q2 2017, Cost of sales was 3,632 MTHB, increased by 127 MTHB comparing to 2016 or 3.6% due to the increase of sales volumes and higher Glycerin costs from tight market
MB. As the company has complied with efficiency management plan that help company reduce costs of sales and selling expenses. Please be informed. Yours Sincerely, Mr. Panya Boonyapiwat Chairman
% 1,242.4 48.2% Costs of services (1,469.3) (57.0%) (2,490.4) (65.2%) (1,021.1) 69.5% Gross profit 1,106.4 43.0% 1,327.7 34.8% 221.3 20.0% Selling expenses (239.0) (9.3%) (366.3) (9.6%) (127.3) 53.3
%) Administrative expenses (23.09 ) (22.26 ) (0.83) 3.73% (34.22%) (39.43%) Other Expenses Doubtful accounts (0.57 ) (0.66 ) 0.09 (13.64%) (0.84%) (1.17%) Finance costs (13.07 ) (17.95 ) (4.88 ) 27.19% (19.37
) Gross Profit 21,357 27,407 (6,050) (22.07) Reversal of provision for doubtful accounts 4,712 - 4,712 100.00 Other income 801 3,376 (2,575) (76.27) Profit before Expenses 26,870 30,783 (3,913) (12.71