/ food Manufacturing under Company’s trademark or per customers’ demand. 3) Catering service such as parties, wedding receptions, and any occasion or restaurants. Pop-up booth sales in various locations
customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days
are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for
' orders, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out
, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write‐off out‐of‐date
the products to catch up with the accelerated demand from customers. Meanwhile, the sharp increase in sales volume was also a factor to the slight decrease in the gross profit margin. 3. Selling
raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged
materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory
last year (“QoQ”). • Revenue from transmission and telecommunication tower decreased by 50.87% QoQ as a result of rescheduling of delivery plan by major customer. • Revenue from sale of electricity rose
satisfactory, the company has set a target to expand at least 100 branches by 2021 in order to meet the rising demand and foster brand recognition. The Company will emphasize on expanding the branches in areas