2017_Q2_MDA_ENG -Final Ocean Glass Public Company Limited Page 1/3 Management Discussion and Analysis Operating Results In the 2nd quarter of 2017, Ocean Glass Public Company Limited and Subsidiaries

2017_Q3_MDA_ENG Ocean Glass Public Company Limited Page 1/3 Management Discussion and Analysis Operating Results In the 3rd quarter of 2017, Ocean Glass Public Company Limited and Subsidiaries (“the

piles, precast concrete, glass-fiber reinforced concrete and special cement which were Baht 148.79 million. In addition, revenue from its subsidiaries was increased by Baht 89.61 million. (2) Cost of

million or 17.37% from the same period of previous year. This was due to decrease in the delivery of pre-stressed concrete piles and post-tensioned. However, the delivery of glass-fiber reinforced concrete

delivery of glass-fiber reinforced concrete, precast wall and other product was increased by Baht 38.25 million. (2) Cost of sales The Company and its subsidiaries’ total cost of sales in the first quarter

2018 MDA_ENG (rev 18 2 2019) Ocean Glass Public Company Limited Page 1/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance for

2017 MDA_ENG (revised 19Feb18) Ocean Glass Public Company Limited Page 1/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance

raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of

of pre-stressed concrete piles and post- tensioned. However, the delivery of glass-fiber reinforced concrete, precast concrete, special cement and architecture was increased. (2) Other incomes The

operation of Asia Pacific Glass Company Limited (“APG”), which not only generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. In