grow at a slower pace, likely to fall below the lower end of the projection range of 2.5-3.0 percent, beset by the COVID-19 outbreak, the gloal economic slowdown, delay in the implementation of 2020

matters specified in this Notification to ensure practical implementation and to enable the Office to examine such implementation. Clause 5. In the case where the facts appear to the Office that any

Notification prescribing detailed rules relating to the matters specified in this Notification to ensure practical implementation and to enable the Office to examine such implementation. Clause 5. In the case

specified, the Office shall have power to issue the Notification prescribing detailed rules relating to the matters specified in this Notification to ensure practical implementation and to enable the Office

such as the closure of some businesses, temporary reduce or change the working hours and the implementation of social distancing. These situation and measures have widely impacted the world economy many

resources such as setting up a team for a specific off-site booth, etc. The Company anticipates that if the situation resolve to near normal and the implementation of vaccination against the spread of COVID

1Q20 to revisit the business plans as well as organizational transformation to drive additional efficiency in order to achieve long-term sustainable cost savings. The implementation of cost control

million or 2% from Q1/2020 • However, EBITDA margin in Q1/2021 was 31.5%, increased by 5.1% from Q1/2020 as a result of the effective control of selling and administrative expenses under the implementation

12.1% less than last year. We had a drop of 18.17mb in the implementation revenue from our ERP division due to resource constraints which delay the delivery of the product.The dip in ERP was partially

last year. This reduction is mainly due to a slowdown in ERP business and a delay in booking revenue until a certan milestone has been achieved during the implementation stage. T.662 636 6999 F.662 646