overdue debt. During the period 2020, the Company has adopted revised TFRS and new TFRS which are effective for the accounting, and the Company has set aside loss on devaluation of obsolete inventories so

period of the previous year due to 1.1 Revenue from sales of 3.86 million baht, a decrease of 3.23 million baht or 45.61 percent due to ceiling fans and lamps that the company has are obsolete products

inventories, ceiling fans and lamps and plans, are obsolete products and are not in current demand of the market. The Company plans to cancel the sale of ceiling fans in the future. 1.2) Revenue from

or 39.57 percent due to ceiling fans and lamps that the company's existing products are obsolete, not marketable and the company plans to discontinue the sale of ceiling fans and lamps in the future

percent due to ceiling fans and lamps that the company has, the products are obsolete, not marketable. Therefore, the Board of Directors No. 10/2020 on November 11, 2020 has resolved to bid to sell all

others cost from obsolete goods. Table 6: Cost of Goods Sold by Type of Expenses for the Years ended 31 Dec (12M YoY) Cost of sales Consolidated financial statements Change Increase/(Decrease) For The

28.8 MB, increased from Q2/2019 in the amount 10.3 MB, or 55.85 percent (18.4 MB in Q2/2019) as result from employee expense, provision for obsolete product and the impact from the Thai Financial

Shipping insurance Selling price to end- customer Terms & Conditions Supplier Retain legal title - Determine the prices - Have physical possession with a right to return unsold/obsolete items to supplier

that will make products obsolete? Alternatively, will CCS be cost effective at scale? • Operational and Reputation risk: Will banks provide debt capital? Will insurers underwrite policies? Is the company

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