-term loans from packing credit, letter of credit and trade payable of buying raw material for manufacturing, and accrued income tax. Shareholders’ Equity As at 31 December 2019, shareholders’ equity was

stage of production; therefore, the production is unable to operate at its full capacity. Moreover, an increase in prices of sugar and garlics, which are the main raw materials used in the production, has

comparing to the same period in the previous year. This is due to the price of the seaweed (raw materials) used increasing in 2017 (production of seaweed in China has decreased by 35 percent, making the price

of sugar and garlics, which are the main raw materials used in the production, has contributed to an increase in the overall costs of production per unit. Selling Expenses Selling expenses in 3Q17 were

of revenue and cost of sales comparing to Quarter 1 in 2018 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative

cost of sales comparing to Quarter 2 in 2019 decreased as the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the

the company managed to reduce the cost of raw material to be cheaper that the same period last year. Selling and Administrative Expenses For the six-month period ended 30 June 2019, the Company’s

installed in the past year. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and administrative

other payables, mainly the not-yet-due payables for raw materials and packaging ordered from various distributors for use in production of a large volume of products to meet the increased orders from

the cost of raw materials used in production was lower than the year 2019.                         WIIK PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor