[Disclosure] Decrease in Revenue (Unofficial Translation)

By February 22, 2024Latest News

Disclosure Details:

Period Quarter
1 – Details of Changes Current Quarter Previous Quarter Change Amount Change Rate (%)
– Sales Amount KHR6,451 million KHR19,106 million (KHR12,655 million) (66.2%)
– Operating Profit (KHR1,909 million) KHR4,973 million (KHR6,882 million) (138.4%)
– Net Profit/Loss (KHR12,605 million) (KHR2,297 million) (KHR10,308 million) (448.8%)
2 – Shareholder Equity ≥30 Billion KHR
3 – Description Decrease in Revenue
Decrease in Operating Profit
Decrease in Net Profit
4 – Reason

The revenue for the quarter under review was recorded at KHR6,451 million, representing a decrease of KHR12,655 million or 66.2% as compared to preceding year corresponding quarter that was recorded at KHR19,106 million. The changes in revenue reflected the execution progress of various projects in Cambodia. Lower revenue in the current quarter under review was mainly due to the completion of East Siem Reap project in March 2023 and lower project progress as compared to preceding year corresponding quarter.

The operating loss for the current quarter under review was KHR1,909 million as compared the operating profit of KHR4,973 million in the preceding year corresponding quarter, representing a decrease of KHR6,882 million or 138.4%.

The loss after tax for the current quarter under review was KHR12,605 million as compared to loss after tax of KHR2,297 million in the preceding year corresponding quarter, representing a decrease of KHR10,308 million or 448.8%.