the economy using significant quantities of lime are also showing remarkable growth. The steel industry continued to expand more than 10% year on year. In the construction sector the use of autoclaved
% as well as the rental and service income of real estate development decreased by 8.5%. Overall Performance of the Company was affected from the business loan, its subsidiary which required the
the COVID-19 pandemic continues to affect private consumption and domestic tourism sector continued to decline. As of May 31, 2021, the Company’s total cards reached 9.25 million cards, including 2.98
result, Private investment has declined dramatically while the Tourism sector has not yet recovered. The overall economic support comes from the government spending. Both fixed expenses and capital
because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing
quarter from the contraction of the industrial sector that reduced the production of industrial products due to higher production costs, a lower domestic demand and lower demands from trading partners in
transportation sector during periods of crude oil upsides. However, as the end of the year approached, oil price started tumbling, increasing marketing margin; since there is a lag between service station retail
2019 (COVID-19), the Government sector has issued several Emergency decrees such as closing of border checkpoints, closing of department stores and prohibiting traveling across provincial areas. As a
area and also from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by