previous year as the average selling price increased 2.24%, while volume sold decreased 2.27% from last year. However, the Company has expanded market to industrial sector and household sector in order to
revenue from sales. Comparing in terms of sales and gross profit, the company is still able to maintain a good market share as well as profit margin level during the economic slowdown since the previous
Capital Market Supervisory Board No. Tor.Jor. 20/2008 regarding Criteria for entering into significant transaction that is the acquisition or disposal of assets and Notification of the Board of Governors of
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
cushion the impact to some degree. Private investment is also projected to contract in line with the slowdown in economic activity. Public spending on investments are expected to be fall as government
propose to the Extraordinary General Meeting of Shareholders No .1 /2018 to consider and approve the amendment of Clause 4 of the Memorandum of Association of the Company to be in line with the reduction of
combination of higher amount of raw materials using than standard setting (BOM Calculation) in Flexible Packaging production line, , especially the printing color, because the new order need a longer set up and
. This was due to rising up in line with sales of the new exclusive mobile phone project. 4. Allowance for diminution in value of inventories For three-month period ended 30 September 2018, the Company had
, effective since the 1st quarter of 2021. Moreover, the Company had higher employee-related administrative expenses to support the Company being listed in the Market for Alternative Investment (MAI). Finance