slightly decreased compared to Q1–2019 by34.8 MB or 2.7%. This is because in Q4–2019, the Company had delivered many large-scale projects which are continually operated from Q2–2019 and Q3–2019. In terms of
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but
also affected by the weak purchasing power of consumers and the early rainy season. However, the Mega Home business has improved its operational cost management and has benefited from economies of scale
in 2017. Also, FDM Technology, another subsidiary with its main customers in the automotive industry also had similar growth. For the Company, the investment in a new factory building in response to
institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
Home stores, as well as 6 HomePro stores in Malaysia. Continuing expansion of new stores in Malaysia is to achieve economy of scale and to reach more customers in different areas. The Company would like
of the following major factors: -Higher sales volume of the core burnt lime and hydrated lime products resulting in increased revenue and better economies of scale from these core business activities