market by deeper levels of confidence and trust in the ESG practices of fundraisers, and the former will benefit from continually improved pricing. Without improved data, it is impossible to build “Robust

from each insurer. Cost of Hospital Operations Cost of hospital operations in 3Q19 increased by 7% yoy slightly below the increase of revenue. As such, gross margin has improved from 31.2% to 31.6%. The

change in perspective Society How is a shift in perspective landing in the world of regulations? Increase in sustainability disclosure/reporting standards Building of Sustainability Focused industrial

, the company’s gross margin has been widen from 33% of revenue in 1Q’18 to 36% in 1Q’19. The improved margin was not only attributed by the increase of fixed income from social security revenue and

revenue increase. As a result, gross margin improved to 33% in this quarter from 28% yoy. This improvement was contributed by the increase of social security payment rate and more revenue contribution from

, taxes and depreciation For 4Q’18 and year 2018, Earnings before interest, taxes and depreciation ( “EBITDA”) increased by 11% and 12% yoy, respectively. The increase in EBITDA came from both improved

to 72% in 2Q18. The improved margin was not only attributed by the increase of fixed income from SW revenue and higher revenue per visit of non-SW category but also from the efficient cost control of

Statement year ended December 31, 2019 Both of return on assets and return on equity of 4Q19 improved yoy. driven by the sustainable profit and higher dividend payout ratio. From the financial risk

. Therefore , 2Q20 ratio deteriorated owing mainly to decrease of revenue and net profit. In respect of liquidity ratio, average trade receivable day improved from 74 days to 71 days yoy. as less accrual from

land sold. In respect of liquidity ratio, average trade receivable day improved from 74 days to 62 days yoy. as less accrual from social security bureau. For inventory day and trade payable day, they