consolidated gross profit margin was 14.48%, increased from the same period of last year at 13.75% as the company implemented better production cost control for new products of automotive parts and milk and
for milk and yogurt segment and also the production cost of painting segment was higher owing to production efficiency, quality cost during the early stage of new model mass production and modification
mainly from auto part tooling revenue recognition and packaging for milk and milk yogurt. For business in China, Sales of Tianjin plant decreased from the closure of the factory at the beginning of the
automotive parts, painting, tooling and packaging for milk and yogurt increased from last year as many new products had started commercial sales. 2. The consolidated gross profit margin was 16.29%, decreased
sales of customer in oil packaging dropped from slacked domestic market and sales of customer in packaging for milk and yogurt segment dropped due to the contraction of export. For plastic automotive part
dropped from slacked domestic market during Quarter 3. However, the market situation started to recover in the late of the Quarter 4. Moreover, sales of customer in packaging for milk and yogurt segment
or 8.23% because many new products started commercial sales since late of year 2018 particularly sales of spray painting, automotive parts and packaging for milk and yogurt segment. However, sales of
for milk and yogurt and consumer was in steady state. 2. The consolidated gross profit margin was 13.48%, decreased from the same period of last year at 15.43% due to increase in plastic resin cost
parts industry and the plastic packaging for lubricants. However, the packaging of milk and yogurt was slightly affected and continued to grow from the dairy export market. While sales in China has
. Labor costs have increased due to the minimum wage adjustment in the early of Quarter 2. In addition, there were significantly increased in product trial cost of new model in packaging for milk and yogurt