accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy
until the accomplishment of the full installed capacity as planned of which it is scheduled to be completed by the end of 2024. However, the Joint Venture is under the further negotiation with the joint
by 36.1 percent form Q4-2016 because the project has already been delivered and recognized the accomplishment of the project completed rather than those in Q4-2016, due in 2017 the government has
by 36.1 percent form Q4-2016 because the project has already been delivered and recognized the accomplishment of the project completed rather than those in Q4-2016, due in 2017 the government has
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, • Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
supplier. Cost of Goods Sold • Cost to revenue from transmission and telecommunication tower ratio decreased by 37.62% YoY resulting from accomplishment of cost management policy, • Cost to revenue from sale
enhancements benefitting both the top and bottom line as we expect 2020 to be a more successful year” 2. Outlook Economic growth was approximately 1.6% in Q4 2019 compared to the same period last year with
information systems or enhancements to the existing information systems; (2) maintain information security for information involved in application services; 12 (3) establish controls of development or changes
information systems or enhancements to the existing information systems; (2) maintain information security for information involved in application services; 12 (3) establish controls of development or changes