. The reason why the company's net profit margin has decreased is the company's sales decline and the impact of weather conditions that cause raw material shortages. In addition, the price of raw

than the volume in Q3 2020. The main reason for the lower than plan revenue was largely due to microchip shortages and the 4th wave of Covid-19 starting in July 2021. Demand for cars remained strong

shortages back in year 2018 has now resumed back to its normal condition as compared. Consequently, the Company has continuously shown an overall upstream performance as compared. Please be informed

and that the impacts derived from the material shortages back in year 2018 has now resumed back to its normal condition. Consequently, the Company has shown an overall upstream performance as compared

shortages. Hence, Portugal operation generated a significant loss in this quarter. 2) Higher SG&A 3) Higher tax expenses However, there are also several positive factors: 1) Strong performance of our

impacts derived from the material shortages back in year 2018 has now resumed back to its normal condition. Consequently, the Company has continuously shown an overall upstream performance as compared

recent operation and that the impacts derived from the materials shortages back in year 2018 has now resumed back to its normal condition as compared. Consequently, the Company has continuously shown an

in Asia.  Going forward, structural changes taking place in Asia should benefit the industry as a whole. Lack of new announcements in capacity expansions and continued growth in demand is a positive

Portugal operations were impacted by microchip shortages and the 4th wave of Covid-19 starting in July 2021, hence a relatively lower base in Q3 2021, and management’s effort to diversify into more product

investment results. Climate change, water scarcity, community conflicts, resource depletion, supply chain breakdowns, worker well-being and economic inequality, coupled with instantaneous communication, can