concerning purchasing raw materials, hiring for spare parts mold production, selling goods, assembling engines, as well as receiving of returned goods and disassembling of engines and spare parts for auction
the previous year. The main reason was the increasing sales of mold, accounting for 1,620% (The sales of the year 2017 and 2016 were 4.74 million Baht and 0.28 million Baht, respectively.) 2. Selling
increased compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 32.41 million mainly from the deposit payment for mold of new
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
addition, the Company had higher current liabilities of Baht 7.82 million which mainly caused by deposit of mold for new model. Whereas long-term loans reduced by Baht 43.37 million. As of 31 March 2018 the
plastic automotive part customers, sales decreased because revenue recognition from mold and tooling lower than same period of last year. However, the Company is in the development phase for new models
goods from steel bumper grille and lamp, Other non-current assets increased due to account receivable from fixed asset property, plant and equipment increased from investment injection mold, land
Baht 1.5 million in 6M18 from sale scraps and mold supplies. Ocean Glass Public Company Limited Management Discussion and Analysis Consolidated Financial Results For the period ended June 30, 2018 Ocean
from sales of scraps and mold supplies in 3Q18 were Baht 0.8 million and Baht 2.3 million in 9M18. Ocean Glass Public Company Limited Page 2/3 Management Discussion and Analysis Ocean Glass Public
export business to many countries and will aid GLOCON business especially in Blow-Mold and Plastic Tray packaging sales volume and expand customer base. Opinion of the Audit Committee and/or Directors