26.98% to 26.72 % as a result of the changing sales mix that each product line contributed to total sales. Table 4: Cost of Goods Sold by Type of Expenses for the Three Months Period Ended 31 March (YoY

32,458,147 7,266,594 (11.19) (1.09) Table 5: Sales and volume sold, by Product mix (PCB Sales @ Factory price) % Incr.(Decr.) Y-o-Y Q-o-Q PD-Mix 1Q18 2Q18 3Q18 4Q18 Y2018 1Q19 1Q19 /1Q18 1Q19/ 4Q18 02 SALES-US

% in previous year to 26.43% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods’ profit margin, as well as the continuous efficiency

mix of both general merchandise and directly sourced private-label goods. Furthermore, there was a continuous improvement in product assortment planning from HomePro. 3. Selling and administrative

: Sales and volume sold, by Product mix (PCB Sales @ Factory price) % Incr. (Decr.) Y-o-Y Q-o-Q PD-Mix 1Q19 2Q19 3Q19 4Q19 Y2019 1Q20 1Q20 / 1Q19 1Q20 / 4Q19 02 SALES-US$ 13,099,949 13,026,667 12,913,836

Company has managed costs of production and product mix efficiently. However, the Company had applied and accounted for expenses from rental contracts according to TFRS 16 – Leases, which affect to net

88,395,798 360,918,275 96,034,092 55,229,495 (37.64) (42.49) VOLUME-SQFT 7,194,837 7,373,351 6,973,980 28,808,762 7,843,278 4,311,686 (40.07) (45.03) Table 5: Sales and volume sold, by Product mix (PCB Sales

%. and change in product sales mix since we invested in the new Company, KURON Co., Ltd on 3 March 2020. And DDD capacity variance loss increased from unused capacity. Gross Profit Gross profit for the

transportation costs, the gross profit margin as a percentage of sales has increased from 26.49% in the previous year to 27.10% due to change in product sales mix of general merchandise and the enhancement of

802.1 -24.6 797.9 675.4 122.5 Table 4: Sales and volume sold, by region (PCB Sales @ Factory price) Table 5: Sales and volume sold, by product mix (PCB Sales @ Factory price) Table 6: KCE New Plant