. (“SAGUSA”) Weihai Bethel Sakthi Automotive Co., Ltd. (“Sakthi Bethel”) Weihai Bethel Sakthi Automotive Safety Systems Co., Ltd. (“WBS”) Sakthi American Corporation Sakthi Real Estate Holdings, Inc. 51.00
strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816
work processes, including production, service, and safety. To meet these evolving needs, AIS has elevated its level of strategic collaboration with clients and partners to develop specific solutions
existing clients to decide to use more advertising budget. 3. From the COVID-19 situation, the company gives the importance to the safety and health of employees. Therefore, the Company implement “Work From
or ROA 16 (%) 8.32 10.56 10.43 Return on Fixed Assets 17 (%) 23.25 25.92 25.51 Total Assets Turnover 18 (times) 1.16 1.09 1.03 Leverage Ratio Debt/Equity Ratio 19 (times) 0.59 0.50 0.43 Net Debt to
across all regions with consumers heightened sensitivity to health and safety. Fibers segment delivered US$ 34M in efficiency gains from Project Olympus during the quarter, with a focus on operational
disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government
slightly reduced down to 0.99% from the previous quarter. However, substance macroeconomic challenge is remained as the level of household debt (seasonal adjusted) continued to increase from 90.7% in the 1Q
%. The unemployment rate in 1Q/2024 was 1.01%. However, the K-shape recovery causes household debt (seasonal adjusted) to continue climbing up from 90.7% in the 1Q/2023 to 91.4% in 1Q/2024. For the 1Q/2024
importance on maintaining food safety and hygiene standard in order to strengthen customer trust and made them come back to our restaurant with confidence. 2/5 Cost of Sales Total cost of sales and services of