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
. 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
32.86 million in 2018 because the Company expanded this unit continuously. In 2018, the fresh buns (butter and milk) have been launched and firstly distributed at Head Office followed by branch sales. The
19% YoY. Export Branded Business sales rose 23% YoY, mainly due to sales increase from fruit juice and milk products, and sales recognition from Long Quan Safe Food JSC (LQSF), Vietnam. Total