[Disclosure] Decrease in Revenue (Unofficial Translation)

By January 26, 2024Latest News

Disclosure Details:

Period Quarter
1 – Details of Changes Current Quarter Previous Quarter Change Amount Change Rate (%)
– Sales Amount KHR8,463 million KHR28,764 million (KHR20,301 million) (70.6%)
– Operating Profit (KHR653 million) KHR2,499 million (KHR3,152 million) (126.1%)
– Net Profit/Loss (KHR10,336 million) (KHR3,574 million) (KHR6,762 million) (189.2%)
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 KHR8,463 million, representing a decrease of KHR20,301 million or 70.6% as compared to preceding year corresponding quarter that was recorded at KHR28,764 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 being recognised by Laos Border and Tatay projects as compared to preceding year corresponding quarter.

The operating loss for the current quarter under review was KHR 653 million as compared the operating profit of KHR 2,499 million in the preceding year corresponding quarter, representing a decrease of KHR 3,152 million or 126.1%.

The loss after tax for the current quarter under review was KHR10,336 million as compared to loss after tax of KHR3,574 million in the preceding year corresponding quarter, representing a decrease of KHR6,762 million or 189.2%.