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In the second quarter period ended 31 December 2023, the total revenue of PEPC is 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.
As at 31 December 2023, the total asset is KHR1,136,552 million representing a decrease of KHR62,934 million or 5.2% as compared to KHR1,199,486 million in the financial year ended 30 June 2023 and total equity is KHR63,076 million representing a decrease of KHR28,332 million or 31.0% as compared to KHR91,408 million in the financial year ended 30 June 2023.

The significant indicators in the second quarter of FY 2024 are as follows:
1. Current Ratio:1.20
2. Quick Ratio: 1.17
3. Return on Assets: (1.11)%
4. Return on Equity: (19.98)%
5. Gross Profit Margin: 34.78%
6. Loss Margin: (195.40)%
7. Loss per Share: KHR (168.19)

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%.

10:00 a.m. Outline the meeting agenda and presentation on the voting process

10:05 a.m. Opening Speech by Chairman of the Meeting, Mr. Lim Ah Hock

10:10 a.m. Approval of the following resolutions:

1. Approval on the remuneration of the Board of Directors
2. Approval on the re-election of Mr. Paul Lim Pay Chuan, the Executive Chairman of the Company, in accordance with Article 18.1 of the Company’s Articles of Incorporation
3. Approval on the re-election of Mr. Han Fatt Juan, the Executive Director and Chief Executive Officer of the Company, in accordance with Article 18.1 of the Company’s Articles of Incorporation
4. Approval on the re-election of Mr. Lim Ah Hock, the Executive Director of the Company, in accordance with Article 18.1 of the Company’s Articles of Incorporation
5. Approval on the election of Mr. Dav Ansan, Independent Non-Executive Director, in accordance with Article 18.1 of the Company’s Articles of Incorporation
6. Approval on decision not to declare and distribute dividend for the financial year ended 30 June 2023
7. Approval on authority to declare and distribute dividend for the financial year ending 30 June 2024
8. Authority to Issue shares pursuant to the Company’s Articles of Incorporation
9. Approval of appointment Ms. Pan Seng Wee as Executive Director of the Company

10:40 a.m. Collect Ballot Paper and Announcement of Voting Results

11:00 a.m. End of Meeting

As at 30 September 2023, the total asset is KHR1,163,115 million representing a decrease of KHR36,371 million or 3.03% as compared to KHR1,199,486 million in the financial year ended 30 June 2023 and total equity is KHR80,012 million representing a decrease of KHR11,396 million or 12.47% as compared to KHR91,408 million in the financial year ended 30 June 2023.

The significant indicators in the first quarter of FY 2024 are as follows:

Current Ratio:1.43
Quick Ratio: 1.40
Return on Assets: (1.05)%
Return on Equity: (15.26)%
Gross Profit Margin: 26.36%
Loss Margin: (141.78)%
Loss per Share: KHR (162.87)

The revenue for the quarter under review was recorded at KHR8,609 million, representing a decrease of KHR24,147 million or 73.7% as compared to preceding year corresponding quarter that was recorded at KHR32,756 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 Jica projects as compared to preceding year corresponding quarter.

The operating loss for the current quarter under review was KHR1,612 million as compared the operating profit of KHR2,459 million in the preceding year corresponding quarter, representing a decrease of KHR4,071 million or 165.56%.

The loss after tax for the current quarter under review was KHR12,206 million as compared to loss after tax of KHR5,332 million in the preceding year corresponding quarter, representing a increase of KHR6,874 million or 128.9%.

NOTICE IS HEREBY GIVEN THAT in accordance with the Board’s resolution dated 20 October 2023, PESTECH (Cambodia) PLC. (“PCL”) would like to make the following amendments to the General Meeting of Shareholders dated 29 September 2023 as follows:

• Date of the Annual General Meeting: 7 December 2023 at 10:00 AM instead of the earlier announced date of 8 November 2023.
• The Record Date for the AGM is on 8 November 2023 instead of 16 October 2023.
• New item added to the Agenda:
“Approval of appointment Ms. Pan Seng Wee as Executive Director of the Company”