Grand Twins International (Cambodia) Plc. (GTI) 

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.