the previous year, mainly due to the sharp lower of purchasing power in most industries, as well as the strong competition in the stainless steel pipe, aluminum and copper. This caused the decreasing in
and after elimination of the conflict of interest; has the details are as follow: Shareholders Before purchasing share After purchasing share Number of share (shares) Shareholding proportion (%) Number
, company customers who are the manufacturers for export have delay purchasing to their weaker demand. The selling price of various products has also decreased according to the price of global raw materials
restriction measures limiting business activities while government offered some subsidies that partially supported consumer purchasing power. Restrictions were gradually relieved beginning September including
purchasing power. Government spending is also important in sustaining the economy, with government spending increasing compared to 2020 due to COVID-19 epidemic mitigation. Specifically, the third wave of
economic stimulus measures also encourage the purchasing power of consumers to increase. Launching a New Brand “(Luggaw)” • At the beginning of the second quarter of 2022, the Company plans to open the first
proportion of sales from dessert café (Dine-in) which has a higher gross profit margin than sales from takeaways or purchasing through food delivery services. GROSS P ROFIT a nd GROSS P ROFIT MARGIN: • The
. which is real estate development business and AIR Pte. Ltd. which having income from holding shares in other companies (Holding Company). FKRMM will sell the above 2 subsidiaries before NDR will acquire
price than its competitors. Subsidiary of FKRMM At present, FKRMM consists of 4 subsidiaries which are FKR Realty Sdn. Bhd. which is real estate development business and AIR Pte. Ltd. which having income