concerning operation of securities business of the securities company, and risk management system to prevent damage from all risk in undertaking securities business in order to be in the level that has no
business of the securities company, and risk management system to prevent damage from all risk in undertaking securities business in order to be in the level that has no effect on businesses of securities
(Ayutthaya, Thailand) 33% 34% 35% 34% 31% IC (Jiaxing, China) 4% 4% 6% 5% 6% HTI (Ohio, USA) 4% 5% 5% 4% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis
Microsoft Word - EFORL IR017-2562 MDA ENGLish Final 16052019.doc Ref.: EFORL IR 017/2019 May 16, 2019 Subject: Management Discussion and Analysis for the first quarter ended 31 March 2019 To
% 34% IC (Jiaxing, China) 5% 4% 4% 6% 5% HTI (Ohio, USA) 5% 4% 5% 5% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1
% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 5 percentage points lower at 11% in Q118 down from Q117 at 16% due to stronger THB/USD exchange rate
% HMT (Ohio, USA) 4% 4% 5% 4% 5% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1 percentage points lower at 14% in Q218
, 2018. 2 token holders. Although such limit is imposed in the primary market, investors will still be able to obtain ICO tokens in the secondary market and potentially at a much higher cost. Regulatory
Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 6 percentage points lower at 12% in Q319 down from Q318 at 18% due to reduced economies of scale from lower