affect from a government adopting a more restrictive lockdown measures in dark-red zones and uncertainty surrounding the COVID-19 situation that will hinge mainly on the rollout of vaccines in order to
situation will end, the company was also affected in the 1st quarter too. Starting with China as the beginning of outbreak, the government has locked down the country and ordered the cease operation in both
effect elapsed that led the weather situation back to normal state, and consequence to the continuous growth of palm oil inventory. Furthermore, some countries have raised import duties for palm oil which
outbreak control measures are being gradually relaxed and Vaccination is more progressive. 2). The effect of outstanding demand from the previous period and 3). Government measures that continue to bolster
or is equal to 48.3%. Due to the Company’s branches, where located in department stores, were temporarily closed by the command of government since March 22 to May 16, 2020. Furthermore, to response to
to monitor the situation closely in order to conduct the appropriate measures. For more details, please see section “COVID-19: Impacts and Response Plan” 1Q 2020 PERFORMANCE 1Q 2020 P&L SNAPSHOT AND
Company’s performance, the Company is implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. For more details, please see section “COVID
economic activity may become more apparent during the latter half of this year, especially if the new government is in place within the middle of this year and the US-China trade dispute eases. Regarding the
published in the Government Gazette dated August 23, 2019, effective November 21, 2019, stipulated that a debt collector or the person specified by the debtor as a debt collector is restricted to contacting