economy, and the ongoing geopolitical tension. Although many risks are emerging, we believe that within these risks there are still opportunities for us, which we will adjust our business strategy soundly
facilitate the government officers who are in duty to handle COVID-19 pandemic. During the temporarily suspension, the Company need to adjust compensation scheme to the employees to enable the Company to
decisions to slow down. Cost of goods for year 2019 was 72.0% of revenue compared last year was 63.32% The cost of real estate business has increased due to, in the year 2019 the old project has been
. During the temporarily suspension, the Company need to adjust compensation scheme to the employees to enable the Company to surpass the challenge of cash sufficiency during the crisis and be complied with
quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the
customers, the new store can also adjust the concept of After You, which formerly is a dessert shop that focuses on sitting and eating, into a new store concept that encourage customers to walk around and
curfew measures, the Company had to adjust the closing time to 8.30 PM and 7.30 PM. As a result, this has highly impacted the peak hours of the after-dinner period. The Company expects to see recovery in
operating and administrative expense was mainly from the Company’s plan to adjust the Back Office Operation through the Shared Service Center and improve debt collection system. As a result, personal expense
gradually ease the strict measures. In addition, the prolonged epidemic situation has resulted in people beginning to adjust their lifestyle to live safely in the new normal. • This trend is in line with the
“After You Marketplace” Branches IN 2H/2022:Business Direction The Company has a plans to adjust the expansion concept of the stores to become a One-stop Service as well as to reduce certain operating