. As a result, the Debts to Equity Ratio as of Q1/2019 was 1.72 times compared to 1.81 times of ending 2018. Sources of Funds : The structure of GC’s funds in 2019 was not much different from those of
because the Company closed down some branches which the performance was not in the target. Currently, as of Q1/2019, the Company owned 49 IT Junction. For the first quarter of 2019 the Company’s total
. The Company has 3 subsidiaries, Aurum and Aurum Company Limited, M&M 2007 Co. which operates raw material and equipment sourcing and import, and After You Hong Kong Limited (not yet operated) , together
input cost to the price of the products. Anyway, the economic recession threatens to the price structure that the company can not specify the price change with the corresponding changes of cost
that the company has the opportunity to receive an order of sacks, printed sacks or gravure sacks as well, and is a product that is not very complicated. This type of products are regularly produces by
is larger than 0.03% but not over than 3% of the net tangible assets of the Company according to the consolidate financial statement of the Company and its subsidiaries as at March 31,2019 The Company
economic recession threatens to the price structure that the Company can not specify the price change with the corresponding changes of cost. Consequently, it affected the profit margin. The Company still
in 2019 was not much different from those of 2018 as they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions, bank overdrafts, and trade
of Directors’ Meeting for entering into such transaction, the directors who have the conflict of interest as stated in No.5 did not attend and vote in such agenda. 7. Opinion of the Board of Directors
grew continuously and was able to add a significant gross profit to the Group. For this quarter, the proportion of profit margin contributed by this business was 30.3% of total gross profit (not