hedging at Baht 1.8 million. Other income from mold supplier, sales of scraps and obsolete equipment reported at Baht 3.2 million. Gross profit margin was dropped from 33.4% to 32.2% due to long aged

decreased by 57.9% from obsolete and long aged finished goods Six-Month Period • Total cost of goods sold decreased by 12.6% along with declining in sales value • Selling expenses decreased by 14.5% due to

2.2 million, increased by 150.6% due to provision of obsolete and long-aged finished products. Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis  Selling and Administrative

: PROPERTY PERFECT PUBLIC COMPANY LIMITED PROPERTY PERFECT PUBLIC COMPANY LIMITED | Year 2011 http://market.sec.or.th/public/idisc/en/FinancialReport/FS-0000000394 Financial Statement - GOLD : GOLDEN LAND

PERFECT PUBLIC COMPANY LIMITED PROPERTY PERFECT PUBLIC COMPANY LIMITED | Year 2011 http://market.sec.or.th/public/idisc/en/FinancialReport/FS-0000000394 Financial Statement - GOLD : GOLDEN LAND PROPERTY

Statement - GOLD : GOLDEN LAND PROPERTY DEVELOPMENT PUBLIC COMPANY LIMITED GOLDEN LAND PROPERTY DEVELOPMENT PUBLIC COMPANY LIMITED | Q1/2011 http://market.sec.or.th/public/idisc/en/FinancialReport/FS

Statement - PF : PROPERTY PERFECT PUBLIC COMPANY LIMITED PROPERTY PERFECT PUBLIC COMPANY LIMITED | Year 2011 http://market.sec.or.th/public/idisc/en/FinancialReport/FS-0000000394 Financial Statement - GOLD

Company separately reported allowance for the decline in value of inventory from cost of goods sold. The amount was reported at Baht 1.3 million, increased by 4.4% from obsolete and long- aged finished

inventory presented at Baht 6.0 million, increased by 361.6% due to provision of Crystalline cullet and provision of obsolete and long-aged finished products.  Selling and Administrative Expenses Selling

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