decline in export revenue from Japan customers, resulting in if considered especially for the 2nd quarter of 2020, it showed the sales revenue just slightly decreased. For other income, during the 1st

and Malaysia in the second quarter. In addition, the third quarter is typically considered as the low season for retail businesses as it coincides with the rainy season. The Company’s gross margin

based on the past experience. Moreover, the Company had 4 of 6 major overseas customers that have been verified the existence and considered the ability to make debt repayment from a local financial

considered the rising order for the Company’s energy drink from overseas market up until now and more product variety requirement, the Company decided to invest in capacity expansion for both bottling and

Lampang province. As a result of the absolute receivership order issued by the Court, Saraburi is considered to be in breach of the joint venture agreement. The Company exercised its right under the joint

transaction is considered a subsequence event, Auditor is of the opinion that the adjustment of book value of the said assets should be done in this period to reflect the actual value as set out in the Share

previous year. The allowance for doubtful accounts is 1.7 million Baht. If such change is not considered in the current installment, the company will have net profit of 3.20 million Baht which is more than

of 2019. 4. Net Profit For the 3 month-period ended September 30, 2019, the Company financial statement represents net profit in the amount of 4.91 million baht or considered as net profit margin of

of Interest a) Mr. Hsu, Shen-Hsiung Chairman of XYZ-Suzhou b) Mr. Yu, Shih-Tung Director of XYZ-Suzhou 8. Comments of directors on the validity of the transaction The Board of Directors considered that

considered from the debt collection rates of Q1/2018. It was due to J FinTech has improved its receivables collection team and concentrated upon the process of debt collection. Debt Collection Rates