customer. In addition, the outbreak of COVID-19 has affected most businesses and industries, such as supply chain systems, consumer spending or production disruptions, as well as delayed operations
due to the high fiscal base effect in the same period last of year that have accelerated disbursement after the budget Act for the year 2020 was delayed, it remained at a high level. In Q1–2021, the
in Q1/2019, the subsidiary received income from the work delayed fines by the contractors and the company has income from sales of unused aviation refueling vehicles. While in Q1/2020 there are no such
reckoned when compared to the revenue of Q1/2019. The reason behind this revenue direction may be from the expanding of COVID-19 outbreak, causing some businesses’ alarmed condition, delayed investment, or
accordance with lower sales. Gross profit margin decreased from 11.24% in Q3 2020 to 9.34% in Q3 202, mainly caused by lower sales, delayed price adjustment of raw material price increases in our Portugal
, while a new crop season has delayed and just started in the end of Q2/2017 o Branded domestic sales of fruit juices dropped by c.30% due to the Company’s less sell-in to reduce inventory at trade stores
international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug
the revenue from 1) contaminated fuel sales 2) fines from work delayed by the contractor 3) from sales of unused aviation refueling vehicles and 4) from fuel tank rental services. 1.2 Expenses 1.2.1
to be a tough year for KCE. The Company experienced a number of challenges, such as the slowdown in the world automotive market that caused a delayed startup of new projects in the current year