, Hygiene and Lifestyle. Each vertical has a dedicated management team tasked to consolidate its asset footprint to capture combinatory synergies. This is progressing well to date in 2020. The Lifestyle
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
- launched coffee stands has greatly benefited from the changing behavior and the sales of take-away coffee beverage went far-exceeded our expectation. Currently, the company is in the process of developing
, 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
strategy, especially in energy investments. The construction of our second Japan solar farm of 10.57MW in Japan is progressing well with confirmed expected commissioning in the 3rd Quarter of 2017. The PDI
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