company’s total revenue significantly increased form Q1–2020, representing an increase of 592.6 MB or 48.1%. This is because the most of the company’s revenue came from ongoing projects of the previous

at full capacity with two shifts in most of plants locally and globally. Looking ahead and based on the forecasts from OEMs, 2021 is expected to be a better year than 2020. Yours sincerely, Mr. Yeap

can pass through most of the raw material’s price increase to customers. Our gross profit in terms of amount will not be affected, however, the selling price increase resulted in the increase in the

expenses 81.3 81.7 64.4 (0.4) (0.5) 16.9 26.2 Income tax expenses 80.8 96.6 95.9 (15.8) (16.4) (15.1) (15.7) Revenue from sales and service Most of revenue from sales and services of the company comes from

recent months. Prices on average have seen a decline but towards the end of the Q4 that trend had reversed and at key domestic customers prices have been rising. The impact of the weak US dollar is

costs decreased by 11.2%, due to lower weighted average cost of fund mainly from issuance of recent bonds with lower interest rate, together with utilization of short-term instruments. PERFORMANCE BY

franchise model. Such initiative reflects in the recent partnership with Lagardere travel retail, a pioneering global leader in the travel retail industry including duty free shop and retail stores in

initiative reflects in the recent partnership with Lagardere travel retail, a pioneering global leader in the travel retail industry including duty free shop and retail stores in airports, train stations and

costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline

reflects in the recent partnership with Lagardere travel retail, a pioneering global leader in the travel retail industry including duty free shop and retail stores in airports, train stations and travel hub