connection with extraterritorial issues, world financial and economic connectivity with more intensified competition and innovation and technology advancement. The 2015 plan comprises six strategic moves: (1
next decade, such as volatility of capital flows, direction of the new rules and standards in connection with extraterritorial issues, world financial and economic connectivity with more intensified
recklessly. In this well-connected era, consumerism has rapidly intensified and spread widely through various perceptive channels especially the mass media. Ignorance is another essential cause of improper
intensified competitive environments in the near future. FAP therefore keeps pace with changes of international professional standards, including the International Financial Reporting Standards (IFRSs), the
SHR’s hotels with same warmth and hospitality, but with assured safety and hygiene procedures, and most flexible booking terms possible. SHR also believes that tourists from domestic market will firstly
downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth moderated, while business and
through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth
into a few well-resourced media operators. Competition has intensified, but so too has opportunity with widening audience reach. The demand of outdoor media has also grown with the implementation of the
previous year have ended and the competition has intensified in the stainless pipe product. As a result, sales and gross margin declined in the current quarter. While administrative expenses have increased
addition, our business direction for next year is aiming at growing production volume, intensified cost reduction measures, and cash flow management. In the long run, the Company is still confident that it