decreased 34% in line with the decrease in revenue from sales of goods and rendering of services.  Distribution costs and administrative expenses decreased 38% due to in the first quarter of 2017, the Group

significance of Group’s operation results were summarized as follows 1. Revenue from sales of goods and rendering of services for the first quarter 2019 decreased by 18% compared to the same period of 2018. The

and rendering of services decreased 35% in line with the decrease in revenue from sales of goods and rendering of services.  Distribution costs and administrative expenses decreased 30% due to in the

goods sold and rendering of services decreased 31% in line with the decrease in revenue from sales of goods and rendering of services.  Distribution costs and administrative expenses decreased 28% due to

22.2% and 24.5% of total revenue from sale of goods and rental and rendering services, respectively. The increase in distribution costs was mainly due to (1) rental expenses of sales and service area

:  Cost of goods sold decreased 37.78% due to business restructuring at the end of 2018  Selling and Distribution Costs decreased 71.87% due to less exhibition cost  Administrative expenses increased

children books decreased by 18%. 2. Costs and expenses for the six-month period of 2017 decreased by 10% compared to the same period of 2016. The main reasons were:  Cost of goods sold and services

services increased since the year end 2017 (June 30, 2017), the company discontinued of the manufacturing and distribution agreement with the major paints contract. The company signed new licenses agreement

company has still managed the cost of goods sold efficiently. In this regard, the cost of sales has decreased significantly since the management of distribution channel to less the cost. For the

the last year, the revenue from sale increased 4.78 percent and 6 percent from consolidated and separate respectively. That increase came from the domestic sales grew 11 percent from distribution