Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary ....................................................... Quality Assurance Review Panel ................................... Activities for Enhancing Audit Quality ............................ Summary of Audit Inspection Results A. Firm Level ............................................................ B. Engagement Level ..........................

to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with

2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at

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

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

foreign exchange hedging at Baht 3.3 million. Other income from sales of scraps, obsolete machine and equipment reported at Baht 1.8 million. Gross profit was down from 35.2% to 33.1% due to the increase in

) Notification of the connected transaction. The Board of Directors’ Meeting resolved to approve entering into a connected transaction to sell the obsolete assets related to zinc production that are free from any

ended up 21.5% and export sales 78.5%. The Company reported gain from foreign exchange hedging at Baht 8.3 million. Other income from sales of scraps, obsolete equipment reported at Baht 2.5 million

foreign exchange hedging at Baht 2.1 million. Other income reported at Baht 0.9 million from transportation, sales of scraps, and obsolete equipment. Gross profit margin slightly increased from 32.2% to