for the launch of the production automation under the scheme of “Delta Smart Manufacturing”. The company believes that it would benefit the company by enhancing energy saving and improving the
14, 2018 resolved to approve the Company to enter into the transaction of purchase the machine with PAE PACK Co.,Ltd. The opinion of the Board that the investment would be of utmost benefit to the
that the investment would be of utmost benefit to the Company because the price are reasonale, the machine are ready to manufacture and the Company focuses on the business growth expansion of Flexible
an increase in short-term borrowings to use in business operation. Employee benefit obligations increased Baht 1.49 million due to recording as actuarial report. Trade and other payables decreased
benefit by Baht 8 million, and the decrease in other administrative expenses by Baht 20 million. 3) Finance cost, for the first quarter, which consist of interest expenses, bank charges and financial
-measurement of employee benefit obligation amounted Baht 3.76 million. Ocean Glass Public Company Limited Page 4/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s
goods. Such transaction is justifiable and for the best benefit of the company. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat) Director
mainly from the decreased in long-term loans from financial institutions - net of current portion 18.6 million baht. While employee benefit obligations increased 2.4 million baht. (3) Shareholders’ Equity
decreased by Baht 400 million or 19% decrease compared to the same period of 2018. This was mainly due to an increase in employee benefit provision of Baht 46 million, based on the Labor Protection Act (Issue
%) Total current liabilities 236.52 226.36 10.16 4.49% Non-current liabilities Long-term bank borrowings 224.70 245.46 (20.76) (8.46%) Finance lease liabilities 3.24 3.79 (0.55) (14.51%) Employee benefit