the first time. The economics of scale has already improved and the synergetic effect between both companies will increase throughout 2019 particularly on the fixed cost side. EBITDA in Q1 2018 improved
operational systems to scale up franchise operations, while the franchise opportunities are expected to be ready by end of May 2020. Q1/2020 Management Highlights Cost-saving initiatives have been carried out
• Financial literacy does not lead to QoL directly • Financial literacy needs to be redefined to include “Digital literacy” • One needs to have willing attitude to learn new things to overcome risks
(Internal) Advantages Schwartz & Clements (1999) • Overcome market imperfections. • Capitalize on economies of scale. Deng et al. (2021) • Allowing lower-growth firms to: • Easily undertake unaffordable
increase of 463.3 MB and 700.2 MB or increase of 36.6% and 68.0%, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in early 2019. Those large
chargers in our carparks. We have just launched the first 30 electric vans onto the road, and have almost completed installation of two thirds of our customer chargers already. To overcome barriers to
...................................................................................................................................... 3 2 Leveraging climate bonds to develop low carbon transport infrastructure .................................... 4 2.1 The scale of the challenge
745.8 MB or increase of 4.0% and 70.8%, respectively. This is because the Company had delivered many large-scale projects which had been ongoing from Q1–2019 and Q2–2019, such as the High-Speed Internet
157.0 MB and 221.6 MB, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in Q1–2019. In fact, those large-scale projects had delayed their
establishment of the Company. In fact, the majority of the company’s revenue was revenue from sale and service. In 2019, the Company had received many large-scale projects from government agencies and state