due to the effect of an annual selling price adjustment, a change in foreign currency exchange rate and an increase in the cost of goods sold resulting from a continuously high cost of raw materials

-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper

resulting from a higher cost of raw materials Copper, Copper Foil, Laminate and Fiberglass. However, an increase in capacity and efficiency gained from the latest investment that supported sales volume growth

20.7% increased Q-o-Q from 18.9% but decreased Y-o-Y. In principle, the cost of production is influenced by factors such as the capacity utilization rate, product mix, a change in LME copper price and

-Y due to the effect of a change in FX rate and an increase in the cost of goods sold resulting from high costs of raw materials Copper, Copper Foil and Laminate. However, a recent increase in capacity

utilization rate to available capacity, and eventually a higher cost of goods produced and low margin. To offset a slowdown in orders, the Company reduced costs by obtaining better sources of raw materials

) (50.42) 2) A change of main raw materials price The effect from copper usage was about 1.2 % on product sales price in 1Q19. Table 2: Raw material prices and purchased volume 1Q 2019 4Q 2018 Q-o-Q Effect

mix of lower cost structure products. Selling and Administration Expenses • Selling expenses to total revenue ratio in Q1-2020 rose by 0.06% QoQ resulting primarily from decreasing in total revenue

5th floor MBK center. 2 / 4 • Total expenses decrease 21% are directly impacted by lower sales revenue. Moreover, changing in business mix strategy, eg. Closing 1 of 2 food court at 5th floor MBK center

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD