Page 1 of 4 ACC6708/001 August 14, 2024 Subject: Clarification of operating results for the second quarter of 2024 ended June 30, 2024 (Clarifies information on selling shares of ACC Cannabis Company
pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to
profit margin 38.10% 42.97% 2. Advertising and Media Business Revenue from services 39.85 4.19 (35.66) (89.49%) Cost of services 23.90 18.47 (5.43) (22.72%) Gross profit of advertising and media business
2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic
market shares in terms of throughput per station, the company’s cumulative market share of 2019 is at 16.0% and recorded an all-time high market share of 16.5% in September. Moreover, improvements were
holding shares in the Greater China Project, the Group nevertheless benefits from manufacturing and exporting our products to our trade partner in the People’s Republic of China for marketing for the
transactions: a) A 56% investment in DAII through an acquisition of DAII’s newly issued shares in January, in exchange for transfer of the Company’s 51% stake in Nirvana Development Co., Ltd. (“Nirvana”) and two
3,655 29% Other non-operating income and expenses 36 199 73 (63%) n/a 710 411 (42%) Shares of profit of associates and joint ventures 152 131 157 20% 4% 517 595 15% Net profit for the company 722 899 486
in accordance to a decrease in sales revenue in this period. However, the Company has a better performance in gross profit margin from 27.34% to 27.83% in this period. Mainly came from the fact that