Q2-2016. Costs of sales and services usually change in line with changes in revenue. However, the cost of sales and services of Q2-2017 was very high, especially when compared to the cost of sales and

year due mainly to the change in the Group’s revenue and cost structure during the current year. 3. Selling and Administrative expenses for the three-month period ended 30 June 2020 were Baht 18.3

7.8 13.9% Other cost 25.5 26.1 22.2 19.6 (2.6) (11.7%) 78.4 93.4 15.0 19.1% Total cost of sales and service 874.7 920.4 971.2 1,041.7 70.5 7.3% 3,196.3 3,808.0 611.7 19.1% Change QoQ Cost of sales and

ended March 31, 2019 Ocean Glass Public Company Limited Page 2/3 Management Discussion and Analysis Total Expenses (Million Baht) Quarterly Change 1/2019 1/2018 % Cost of Goods Sold 257.2 260.5 (1.2

company operation in Q2/2019 is loss about 160,000 Baht comparing with loss of 5.02 million baht in Q1/2019. This is because of higher revenue. • There is no substantial change in the raw material cost

Analysis  Total Expenses (Million Baht) Quarterly Change 1/2020 1/2019 % Cost of Goods Sold 178.8 257.2 (30.5) Temporary Shutdown Expenses 44.8 43.9 2.3 Allowance for the decline in value of inventory 6.0

administrative expenses in Quarter 2/2019 increased by Baht 22.3 Million or 16.4% from Q2/2018 due to past services cost for long-term employee benefit (Labor Protection No. 7, B.E.2019) and IT system improvement

. • Net profit margin in Q1/2020 dropped by 15.0% from Q1/2019 as a result of the slow down in dessert café sales in Q1/2020 while SG&A expenses did not change significantly as the cost-saving plan will be

tracking system and cargo management of the State Railway of Thailand, etc. In Q3- 2022, the change of cost of sales and service was similar to the change of the revenue. However, when compare to the costs

–2021, the change in cost of sales and services was in line with the changes in revenue. However, the increased rate of cost will be higher than the increased rate of revenue when comparing between Q1