from rendering of services decreased 12% with publishing, distributing and other service from foreign publications decreased 8%. Moreover, revenues from advertising and production of program in Digital

pocket books decreased 12%.  Revenues from rendering of services decreased 17% with publishing, distributing and other service from foreign publications decreased 8%. Moreover, revenues from advertising

pocket books decreased 5%.  Revenues from rendering of services decreased 10% with publishing, distributing and other service from foreign publications decreased 8%. Moreover, revenues from advertising

Operating Performance of the Company and subsidiaries For Q1/2020 ended March 31, 2020 2019 (Restated) Changes % Revenues from sales and services 343.58 302.98 40.60 14.64 - Publishing business 152.57 156.85

%, revenue from children books decreased 71%. and revenue of pocket books decreased 39%.  Revenues from rendering of services decreased 13% with publishing, distributing and other service from foreign

pocket books decreasing 13.42%.  Revenues from rendering of services decreased 28.77% due to less margins from publishing, distributing and other service from foreign publications. Thus, the company will

, which is the main reason for the decrease in revenue from publishing, distributing and other service from foreign publications. 2. Costs and expenses for the three-month period of 2019 decreased 33.55

comic books and children books decreasing 27.63%. On the other hand, pocket books increased 28.20%. • Revenues from rendering of services decreased 70.6% due to less margins from publishing, distributing

books decreased 49%, and revenue of pocket books decreased 31%.  Revenues from rendering of services decreased 10% due to less spread from publishing, distributing and other service from foreign

and children books decreased 49.19%, and revenue of pocket books decreased 32.15%.  Revenues from rendering of services decreased 18.22% due to less spread from publishing, distributing and other