. 2. Assumption in terms of cost (1) Cost assumption of online media and the Internet business Variable Cost Cost 2020F 2021F 2022F 2023F 2024F Commission Fee for Content Team 6.21 percent of revenue
decreased by -6% as a focus on optimizing costs has shown good progress. On the variable cost side fuel costs were higher than in the same period last year and also in fixed costs related to production
installed in the past year. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and administrative
to suspect that the material information disclosed to the general public is incomplete or inadequate to support the investment decision making, or misleading; (8) there are no grounds to suspect that
synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA
period ending 31 March 2018 could be divided in to two key components as follows: 1. Variable cost component which shall be varied in accordance with the volume sold consist of (1) raw materials and
sold of the Group for the 3-month period ending 30 June 2018 could be divided in to two key components as follows: 1. Variable cost component which shall be varied in accordance with the volume sold
compared to the previous quarter. Cost of goods sold of the Group for the 3-month period ending 30 June 2018 could be divided in to two key components as follows: 1. Variable cost component which shall be
mutual funds: (1) Mutual funds whose investment policy specifies investment in derivatives with the objective of hedging and the underlying asset or the variable of the 8 derivative is not one and the same