support project in the first quarter of 2019 is more difficult and varied than the previous year which effected higher cost than the first quarter of 2018 6. Cost of goods sold (E-Commerce) Cost of goods
was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold
for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and
new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the
from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment
that are difficult to detect. For example, (1) fraudulent transactions through a subsidiary located overseas that has obscure business objectives and is hard to inspect, (2) trading transactions and
the 1st quarter ended 31 March Description Unit 2018 2017 2016 1. Liquidity ratio Time 9.48 6.69 9.48 2. Liquidity quick ratio Time 1.47 3.26 6.16 3. Average debt collection time Day 53 62 45 4. Average
Description Unit 2017 2016 2015 1. Liquidity ratio Time 7.59 8.29 1.58 2. Liquidity quick ratio Time 3.13 4.36 0.50 3. Average debt collection time Day 69 57 40 4. Average debt repayment time Day 71 64 63 5
-month period of 2017 because the Company could collect the debt faster from 76 days to 73 days and from 74 days to 73 days, respectively. For the debtors who may have some problems incurred in collection
. IR60/ Subject: To : Pursuant t resolution subsidiarie the Compa Overview The perfor the conso increase f 32.9%. An purchase 198.0 milli month end has highe Company Revenues Services inco collection and