13.7% from 2Q20. When comparing with 3Q19, net profit declined by 16.3% mainly from the increased in provisions as a result of the continued uncertainties from the economic slowdown as impacted by COVID
inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
crisis together with no layoffs or pay cuts. The work-from-home policy has been implemented together with several measures to ensure that high quality of our services is not impacted. For business, most
fluctuations in money market and capital market and has severely affected all sectors in the economy, especially tourism sector which acutely shrunk due to travel restrictions and lockdown measures. Export
the factors affecting future operations, recovery period and proportion of affected businesses, having reviewed the targets and business plan to be in line with such situation, as well as specifying and
sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic
impacted by environmental, social and supply issues (cocoa, vanilla, water, etc.) Link: http://www.livelihoods.eu/ 4 The livelihoods carbon fund : leverages the carbon economy to finance ecosystem
was a securities purchase that took advantage of a material, non-public fact that influenced the securities price, which was deemed an exploitation of third parties and liable to the offences under