monitor the debt collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of the third quarter of 2019, the Company had
collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of the third quarter of 2019, the Company had 50,753.78 million
had launched the new collections such as Prosperous Fortune Collection for Chinese New Year in January and Sweet Sonata Collection for valentine’s day during the 1st quarter 2020, which could get good
command of government since March 22, 2020. this situation has affected to decrease in the Company’s revenue dramatically. However, in this quarter, the Company had launched the new collections such as
working capital because the debt collections from the overdue debtors are more effective, and the management of the trade creditors is better; 2. A decrease of the investment in the trading securities in a
collections to market as Festive collection with a collaboration in design with a leading lifestyle product manufacturer; Santé collection with a new choice of modern design for hotel and restaurant. Also, one
follows: Income and Profit Performance Q3/2019 Q3/2018 YoY 9M/2019 9M/2018 YoY Mio. Mio. % Mio. Mio. % Revenue from sales 1,651.3 2,101.1 -21.4% 5,200.6 6,875.1 -24.4% Service income from debts collections
Change Mio % Mio. % Mio. % collections and others Rental and service income 719 6% 615 5% -104 -14% Insurance revenues 0 0% 98 1% 98 100% Total Revenues 12,634 100% 12,562 100% -72 -1% Total Cost of Sales
% Sale 9,082 84.9% 10,073 79.8% 990 10.9% Service income from debts collections and others 1,094 10.2% 1,842 14.6% 748 68.4% Rental and service income 525 4.9% 708 5.6% 183 34.9% Total Revenues 10,701
as follows. Q1/2018 Q1/2019 Change MB. % MB. % MB. % Revenue from Sales 2,395.0 76.9% 1,828.8 66.7% -566.2 -23.6% Service income from debts collections and others 556.8 17.9% 724.0 26.4% 167.2 30.0