’20 to support sales expansion in both energy drinks and functional drinks. Our growth plan will be supported by excellent execution and distribution expansion together with continued consumer-centric

capital. Transactions details are described as follow : 1) Date of transaction occurs: 28 February 2019 2) The parties involved : Buyer Excellent Rubber Co., Ltd. [ERC] Buyer Advantage Footwear Co.,Ltd

registered capital. Transactions details are described as follow : 1) Date of transaction occurs: 28 February 2019 2) The parties involved : Buyer Excellent Rubber Co., Ltd. [ERC] Buyer Advantage Footwear Co

profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation

to 4.74% in 2019. The increase of gross profit margin was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of

, harmonized packaging specification, and reduced bottle weight. - Osotspa maintained its strong leadership position in both energy drinks and functional drinks markets and played a major role as a market growth

excellent platform to integrate IVL’s existing specialties business with Sinterama’s strong production base. The highly complementary portfolio, customer base and geographical footprint of the two companies

of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to previous year. 3. Selling and Administrative

in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation caused from price variance during the period as compared to

energy drinks market share at 53.8%, aligned with our mid-term guidance, by using multi-brand portfolio and consumer-centric marketing strategy. In functional drinks market, C-Vitt also maintained its