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Clarification on net profit decreasing in fourth quarter 2015 of GTI

March 22, 2016

In the fourth quarter of 2015, the company got loss KHR -14,733,677,000 which decreases by KHR 18,958,237,000 equal to -448.76% if compared to the same period of 2014. Reasons:

  • The decline in the average selling price of the product in the 4th quarter 2015.
  • The increase of the BOM for the cost of printing in the 4th quarter of 2015.
  • The rising price of raw materials, other expenses in production chain based on Addidas's standard.

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