investments shall incorporate material information which enables the investors to understand the differences among various types of investment. Clause 9. The advertisement related to estimated return or auto

Company has more advertising in various media in order to publicize and promote the content, resulting in a decrease in net profit ratio (ROS) from 16.24% in 2017 to 16.00% in 2018. The total expense to

sales of a new subsidiary company mostly came from Stainless Copper and Aluminum as the main product groups among various industries, mainly in particular for automotive, electrical appliance and

Company must plan in advance such as advertising expenses spent on various media. Furthermore, the Company introduced its new products in the second quarter of 2019 which are 4 formulas of SnailWhite Gold

Iran nuclear agreement they had with various global super powers i.e. the United Kingdom, Russia, France, Germany, and China; at the same time announcing trade sanctions on Iran, this factor alone would

did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the Company must plan in advance such as advertising expenses spent on various media. Furthermore, the

Health Organization declared the Coronavirus (“COVID-19”) outbreak as a pandemic which resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including

spreading and the company has proceed a plan to reduce costs and various operating expenses to be eased to impact on revenue and profitability by reducing sales and administrative expenses, such as utilities

continuously improve the operation pattern to keep up with the situation and able to handle various situations The Group expected that the overall situation in the second half of this year will be better than

) follow the consumer behaviors changes during Stay-home campaign from the governments, consumer start to hoarding rice products, plus the reasons that the government ordered the closure of various stores