expenses presented at Baht 106.36 million, increased Baht 5.46 million, or 5.41% due to increasing in employee expenses and write off obsolete inventories during the year. Ocean Glass Public Company Limited

million, decrease Baht 12.53 million or decrease 107.65% , due to the company had profit from sale on obsolete machine Baht 1.94 million ,cause to revert allowance for decline value which was previously

labor law which entitled retired employee within work service year in various rates as the Labor Protection Act (No. 7) B.E. 2562 and has set aside loss on devaluation of obsolete, defective and slow

0.74% to (2.53%) An decrease in net profit is mainly contributed by the unrealized loss from fair value assessment of financial assets during Q3/2020 at THB 71.63 million and provision of obsolete stock

year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in

as the Labor Protection Act (No. 7) B.E. 2562 and has set aside loss on devaluation of obsolete, defective and slow-moving inventories so on. Net Profit and Net Profit Margin For 3-month period ended

3.56% to 4.61%, the earnings per share was increased from 1.13 Baht to 1.34 Baht, the net profit was increased 18.39% and the comprehensive income was increased 45.31%. For the separate financial

inventories in 2017, the inventory turnover days increased to 73 days, from 70 and 60 days in 2016 and 2015, respectively. With prudent control, the company set aside provisions for obsolete inventory aging

Analysis of Operating Results for the Company and its subsidiary Table 1: Overall Annual Operating Results for the year of 2018 and 2017 (Unit : Thousand Baht) Consolidated Financial Statements Separate

2017 ended June 30, 2017. Such financial statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the first six