[Disclosure] Decrease in Revenue (Unofficial Translation)

By May 16, 2024Latest News

Disclosure Details:

Period Quarter
1 – Details of Changes Current Quarter Previous Quarter Change Amount Change Rate (%)
– Sales Amount KHR9,909 million KHR19,160 million (KHR9,251 million) (48.3%)
– Operating Profit (KHR1,597 million) KHR5,163 million (KHR6,760 million) (130.9%)
– Net Profit/Loss (KHR11,997 million) (KHR5,290 million) (KHR6,707 million) (126.8%)
2 – Shareholder Equity ≥30 Billion KHR
3 – Description Decrease in Revenue
Decrease in Operating Profit
Increase in Net Loss
4 – Reason The revenue for the quarter under review was recorded at KHR9,909 million, representing a decrease of KHR9,251 million or 48.3% as compared to preceding year corresponding quarter that was recorded at KHR19,160 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 KHR1,597 million as compared the operating profit of KHR5,163 million in the preceding year corresponding quarter, representing a decrease of KHR6,760 million or 130.9%.

The loss after tax for the current quarter under review was KHR11,997 million as compared to loss after tax of KHR5,290 million in the preceding year corresponding quarter, representing an increase of KHR6,707 million or 126.8%.