-hazardous waste) is being built in Lumpoon and it is expected to finish within Q4/2018. The progress of JV company (Genco-Otani) is up to the plant construction state. The Genco Otani company has signed an
gross margin in was 47.9% which decreased from 61.1% in 2017. The decrease in genuine gross margin, compared to the same period of last year, was mainly due to change in product mix between Built-to-Suit
total selling expenses per total revenue effectively. The part of the staff expenses came from the well prepared for opening new branches, thus, staffs had to train 70- 90 days in advance. The company had
performance of the Company is built as follows: 1. As a result of economic fluctuations and national household debts, the Company could be affected as real estate business is our main business and the
which was a low profit-margin generating project. The Company took over it as a complete-built project when revenue was ready to be recognized, therefore, risk-free was involved on construction processes
genuine gross margin in 2017 was at 57.5% for the warehouse rental and service business which decreased from 69.0% last year, mainly due to change in product mix between Built-to-Suit and Ready-built
days in advance. The company had expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori
of last year, was mainly due to change in product mix between Built-to-Suit and Ready-built facilities. 2. Sale of Investment Properties Income from sale of investment properties during the first
genuine gross margin in were at 52.5% and 51.5%, respectively. The decrease in genuine gross margin, compared to the same period of last year, was mainly due to change in product mix between Built-to-Suit