million, an increase of 7.8%. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption that showed sign of
totaling 35.4 million, an increase of 8.8% yoy. For domestic sectors, consumption and investment started to recover, though not yet at broad-based level. This was reflected from durable goods consumption
line with the softened household spending as a result of lower income, unemployment situation, and weakening consumer confidence coupled with the already high household debt level. Private investment
trading partners, particularly China which may impose risks to the growth in exports 2) political uncertainties which may inhibit investments and consumptions and 3) high level of household debts still
confidence coupled with the already high household debt level. Nevertheless, the non-durable goods increased partly from the rush in purchase of consumers goods due to the concerns on the COVID-19 outbreak
declined from the contractions in vehicle sales in line with the weakened household income from lower income, employment and consumer confidence coupled with the already high household debt level
to remain subdue stemming from 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to exports growth and 2) the continuing high level of
remain subdue stemming from 1) the continuing trade tensions between the US and trading partners, particularly China which may impose risks to exports growth and 2) the continuing high level of household
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Selling and Administrative Expenses The Company incurred selling and administrative
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Administrative Expenses The Company incurred administrative expenses 211.0 million