Thank you very much for your continued and effective contribution for UPI.

2020 began with the eruption of Taal Volcano, and the global coronavirus pandemic has created a dire situation in the Philippines.

Since our products are used worldwide, recovery cannot be expected until the economic stagnation in the Philippines, as well as the United States and Europe, is over. Therefore, we have to apologize for the inconvenience caused by the decrease in the amount of procurement from UPI. However, it was reported in the news the other day that Pfizer Pharmaceuticals is succeeding in developing a vaccine. The market will recover sharply once the vaccine supply begins. In doing so, we need to rapidly increase production to the original level. I think everyone is on a production cut now, but please be prepared for the upcoming uptrend.

Finally, the continuous typhoons since October have caused great damage. I think your company also has victims and their families. We would like to express our deepest sympathies to all of you.

Then, please make more transactions with us ! Thank you.