Covid-19 pandemic, which severely affected purchasing power and demand globally. Tourism sector faced a catastrophe, started heavily in March, after most of the countries announced travel restrictions
reasons were: Revenues from circulation decreased 17% with circulation revenues of comic books decreased 21%, revenue from children books decreased 7% and revenue of pocket books decreased 13%. Revenues
same period of 2017 since the Group is in the process of business restructuring. The main reasons were: Revenues from circulation decreased 48% with circulation revenue of comic books decreased 42
same period of 2016. The main reasons were: Revenues from circulation decreased 20% with circulation revenues of comic books decreased 23%, revenue from children books decreased 21% and revenue of
same period of 2016. The main reasons were: Revenues from circulation decreased 18% with circulation revenues of comic books decreased 23%, revenue from children books decreased 14% and revenue of
proficiency and high experience. - Opinion of the Board of Directors and Audit Committee which is different -None – B. Purchasing Air Conditioner 1. Transaction Date : February - March 2020 2. Connected Parties
proficiency and high experience. - Opinion of the Board of Directors and Audit Committee which is different -None – B. Purchasing Air Conditioner 1. Transaction Date : February - March 2020 2. Connected Parties
debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The
to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan
decreased 35.10% compared to the same period of 2017. The main reasons were: Revenues from circulation decreased 40.02% with circulation revenues of comic books and children books decreasing 50.52%, and