quarter of 2018 continued to grow year-on-year on the back of buoyant domestic demand. Private consumption continued to gain traction, supported by improvement in income and employment. Furthermore, there

hit merchandise exports, and domestic demand. Private consumption indicators indicated the slower expansion in most sectors. Manufacturing production and private investment contracted. Nevertheless

than the volume in Q3 2020. The main reason for the lower than plan revenue was largely due to microchip shortages and the 4th wave of Covid-19 starting in July 2021. Demand for cars remained strong

, reducing global crude inventory level. Compare to the previous quarter, average Dubai crude price in Q3/2017 increased by 0.75 $/BBL from the increase in oil demand around the world throughout the summer

compared to Q4/2017, with respect to the increased demand for crude oil during the winter in Europe, leading to higher utilization rate amongst refineries in the region; driving up price of Dated Brent as

/DB) in 2018 averaged at 10.57 $/BBL, a decrease of 4.28 $/BBL when compared to 2017, due to pressure from decreased oil demand in China. A result of their economic slowdown, and a shrink in car sales

significant decrease in the demand of the shipping. These factors have negatively affected the operation of the shipping business group and they also significantly affected the Company. In this regard, the

percent per year Scheduled principal and interest : Determination of principal on demand or is able to reimburse before due date The interest due on a monthly basis. Mortgage securities : The company put

decreased by 18.0% in order to support festive and seasonal sales demand • Allowance of the decline in value of inventory decreased by 80.0% from obsolete and long aged finished goods • Selling expenses

year Scheduled principal and interest : Determination of principal on demand or is able to reimburse before due date The interest due on a monthly basis. Mortgage securities : The company put the land