To all long term VIP shareholders,If we look back at the...

To all long term VIP shareholders,

If we look back at the timeline of the Covid situation, it was only declared a pandemic towards the middle of March. The sales of glove products was probably at a normal pace during the majority of the first quarter of the year and probably only start ramping up in March.

Therefore, it is worth to mention that the most of this reported profit was made during the second quarter (April - June). Just imagine that if only one quarter can turn around the whole financial year to become profitable, how subsequent quarters will generate even greater profits. Furthermore, the report mentions the ASP keeps increasing and that will support this theory.