Board of Directors Approved Consolidated Financial Statements for the Quarter Ended March 31, 2020
 2020-05-08

1.Date of occurrence of the event:2020/05/08

2.Company name:KWONG LUNG ENTERPRISE CO.,LTD.

3.Relationship to the Company (please enter ”head office” or”subsidiaries”):head office

4.Reciprocal shareholding ratios:NA

5.Cause of occurrence:Consolidated Financial Statements

($NT in Thousands)      2020 Q1         2019 Q1     Increase (Decrease)Ratio(%)

Sales revenue               2,027,513     2,104,968       (3.7)

Gross profit                      207,214        206,424        0.4

Profit from operations        28,044            4,579      512.4

Profit before income

tax from continuing

operations                         33,508           17,232       94.5

Net profit for the period     25,817           13,103       97.0

Basic EPS($NT dollars)      0.17               0.10

6.Countermeasures:None

7.Any other matters that need to be specified:None