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
financing the whole agricultural production unit, you must meet both the mitigation criteria and the adaptation and resilience criteria. If production involves livestock, you must also meet the animal welfare
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
continue to has expenses which are fix cost which are animal feed, utilities for instance. Though, the company has managed its costs, internal resources, business operation and the cash flow to the maximized
the development of land and building of animal shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned