which require additional staff and rental expenses. In order to be well prepared to operate the company’s new branches, new recruits need to be hired and trained 70 - 90 days in advance. For the first

expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori in the same period last year. Maygori

days in advance. The company had expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori