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
2014, due to decrease of salary, employment benefit, Doubtful debts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 4.3
Directors The Board of Directors has considered the reason and necessity and resolved that the grant of financial support is reasonable transaction and will eventually benefit the financial restructuring of
the Board of Directors The Board of Directors has considered the reason and necessity and resolved that the receipt of financial assistance is reasonable and will eventually benefit to the financial