that the operating results will improve in early 2021. As of now, the company is open for business as per usual, no direct operational impact from the COVID-19 outbreak situation. 2. Operating Results
business, the number slows down as per usual with the decent direction of property rental. Existing clients remain unchanged. The company has a plan prepared since the end of 2019 as the real estate business
economic growth slowdown affecting the demand for Diesel within India to decline tremendously, combined with a longer than usual Monsoon season. Gasoil and Dubai crack spread (GO/DB) in 2019 averaged at
of Capital and obtains approval from the SEC to resume the operation of such business as usual; (2) give a written notice of the suspension of business under (1) to the clients without delay; (3) take
operation of such business as usual; (2) give a written notice of the suspension of business under (1) to the clients without delay; (3) take or omit any other action as prescribed by the SEC Office to ensure
usual. Cost of Sales and Services for Q3–2020 has changed in the same direction as the changed in revenue. When it compare with the cost of sales and services in Q2–2020, it found that the increased rate
from the backlog had been recognized in Q4/2020. Moreover, the sales campaigns at the beginning of the year are not well-received as usual as a consequence of the COVID-19 pandemic. Regarding the income
operation and delivery of the Company's projects that cause the operation to be delayed than usual. As a result, the revenue recognition in Q2–2020 had also decreased. Cost of Sales and Services for Q2–2020
com- pany in which the Company holds 46.73% shares, as well as the companies within 7C Group delivered fewer projects than usual during this period. Consequently, in 9M2022, share of gain(loss) of
parallel to service station expansion, (3) market promotion expense, and (4) corporate image related expense. However, selling, general and administrative expenses decreased 29% QoQ, as per usual that every