from higher sale volume and higher freight cost from higher sales volume in CNF incoterm. Administration expense of 1st quarter on year 2018 decreased 8.65 percent from 1st quarter on year 2017, due to
comprise of raw material and packaging cost, labor cost, depreciation of our plant and machinery, freight expenses and others cost of sales. Our cost of sales for the three months period ended March 31, 2017
yarn order from a customer was made. Cost of sales down 1.22%, as per sales decreased. Selling and administrative expenses down 4.08%, main reason came from freight expenses, employee benefits, and
in freight charges. Administrative expenses on 1st quarter of 2020 increased significantly 171.40 percent from the same period of last year, mainly due to loss on forward contract and administrative
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