% (337.18) (323.41) -4.08% Gross profit 98.68 121.41 67.54 -31.56% -44.37% 194.45 188.95 -2.83% Selling expenses (21.34) (18.25) (17.99) -15.70% -1.42% (37.86) (36.24) -4.28% Administrative expenses (32.08

the Company’s sales income and administrative expenses of the second quarter of 2019 and 2018 are as follows: Increase / Decrease 2 nd quarter of 2019 % 2 nd quarter of 2018 % MB. % Sales income

%) (937.5) (72.0 %) (21.6 %) Gross Margin 277.0 27.4 % 364.5 28.0 % (24.0 %) Distribution Costs (99.7) (9.9 %) (197.2) (15.1 %) (49.5 %) Administrative Expenses (69.5) (6.9 %) (63.2) (4.9 %) 10.0 % Profit

Selling and Administrative expenses 46.71 19.29 44.21 18.21 44.94 25.96 (0.73) (1.62) Selling expenses 37.63 15.54 35.36 14.56 36.31 20.98 (0.95) (2.62) Administrative expenses 9.08 3.75 8.85 3.64 8.63 4.99

89.04 205.11 Selling and Administrative expenses 63.97 18.01 62.54 17.32 36.27 36.47 26.25 72.37 Selling expenses 56.67 15.95 55.29 15.31 28.78 28.94 26.50 92.08 Administrative expenses 7.30 2.06 7.25

(22.49) (18.81) % to sales revenue 31.95 48.01 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative Expenses The Company recorded

654.55 65.85 149.05 60.40 654.55 65.85 (505.50) (77.23) Gross profit 104.26 41.16 344.04 34.45 112.78 43.07 347.53 34.68 (239.78) (69.70) Selling and Administrative expenses 58.90 23.25 82.74 8.29 47.69

revenue 40.7 30.9 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative expenses Administrative expenses mainly comprise

654.55 65.85 160.85 67.33 654.55 65.85 160.85 67.33 493.70 306.93 Gross profit 344.04 34.45 81.24 33.56 347.53 34.68 81.97 33.76 262.80 323.49 Selling and Administrative expenses 82.74 8.29 46.71 19.29

Cost of real estate sales 593.21 65.75 228.52 64.98 593.21 65.75 228.52 64.98 364.69 159.59 Gross profit 316.91 34.82 126.71 35.67 320.41 35.07 132.45 36.69 190.20 150.11 Selling and Administrative