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
acquisition vehicle and own lands with hotel building known as Vienna House Easy Chopin Bratislava (“Vienna House Easy Bratislava”). The Company would like to inform that on 1 9 April 2 0 1 8 , VBRE has
, 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
marketing strategy, OSP market share was maintained at 53.5%, aligned with our mid-term guidance. In Functional drinks market, C-Vitt, now a No.1 brand, strongly drove the market to grow by 19.3% YoY. At the
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
subsidiary in which the Company directly holds 100% of total issued shares) to be the acquisition vehicle and own lands with hotel building known as Vienna House Easy Chopin Bratislava (“Vienna House Easy
climate risk inventory Review and revise the climate risk identification approaches and climate risk inventory Case Study – Climate Risk Identification 70 • A cross-functional team builds, reviews, and
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