competition or drawing, seeing that the promotion could lead to inequality as the winner will get higher returns than others. The SEC will accordingly take into account the principle in revising regulation

maximum returns and managing investment risks. The I Code aims to build institutional investors? long-term credibility, and protect the best interest of asset owners and the capital market at large.As

risks and returns depending on different factors, terms and conditions. It is important to seek details of the funds to be invested from selling agents as well as request and study the fund fact sheets

mutual funds, for instance, tax exemption on capital gain, and tax deductions for investment in long-term equity funds (LTFs). These privileges allow investors to obtain higher returns, which in turn

through the development of industrial estate projects, which are expected to generate appropriate revenue and returns in the long term and to strengthen FVC’s financial liquidity. Although the sale price

) -277.78% Other income 0.68 0.81 19.12% Earnings before interest and taxes 16.90 49.87 195.09% Finance costs (0.26) (0.60) 130.77% Profit before income tax expense 16.64 49.27 196.09% Income tax expense

exchange gain/(loss) (0.35) 0.32 -191.43% Other income 2.36 3.11 31.78% Earnings before interest and taxes 64.97 237.44 265.46% Financial expense (2.30) (2.31) 0.43% Profit before income tax expense 62.67

price and time. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2018 and 2017 Corporate Revenue In 2018 the Company and its subsidiaries’ total earnings amounted to 880

-53.56% Basic Earnings per Share 0.35 0.25 (0.002) 0.23 1.79 0.83 -53.56% Performance Report Issue of trade war between the United States and China affected the overall global economy as well as the

250.00% Net foreign exchange gain/(loss) 0.32 0.93 190.63% Other income 3.11 5.87 88.75% Earnings before interest and taxes 237.44 124.30 -47.65% Financial expense (2.31) (1.86) -19.48% Profit before