Disclosure Details:
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For the financial year ended 30 June 2023, PESTECH (Cambodia) PLC (“PEPC”) has total revenue of KHR 79,517 million representing a decrease of KHR 136,838 million or equal to 63.25% as compared to KHR 216,355 million in the financial year ended 30 June 2022. The significant indicators for the financial year ended 30 June 2023 are as follows: |
Disclosure Details:
| 1 – Type of Shareholders’ Meeting | Ordinary General Shareholders Meeting |
| 2 – Date and Time of Meeting | 2023-11-08 10:00 |
| 3 – Venue | TRIBE Phnom Penh Hotel, The Studio Room on “R Floor”, No. 47, Corner St. 01 and St. 94, Village 9, Sangkat Wat Phnom, Khan Daun Penh, Phnom Penh 12021, Cambodia |
| 4 – Agenda | 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 |
| 5 – Record Date | 2023-10-16 |
| 6 – Date of Resolution | 2023-09-22 |
| 7 – Other | N/A |
1. PEPC_Notice on AGM_8 November 2023 (Khmer)
2. PEPC_Notice on AGM_8 November 2023 (Eng)
Disclosure Details:
| Period | Fiscal Year | |||
| 1 – Details of Changes | Current Fiscal Year | Previous Fiscal Year | Change Amount | Change Rate (%) |
| – Sales Amount | KHR79,517 million | KHR216,355 million | (KHR136,838 million) | (63.25%) |
| – Operating Profit | KHR11,963 million | KHR22,852 million | (KHR10,889 million) | (47.65%) |
| – Net Profit/Loss | (KHR23,246 million) | KHR2,470 million | (KHR25,716 million) | (1,041.13%) |
| 2 – Shareholder Equity | ≥30 Billion KHR | |||
| 3 – Description | Decrease in Revenue Decrease in Operating Profit Decrease in Net Profit |
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| 4 – Reason |
The revenue for the financial year ended 30 June 2023 recorded at KHR79,517 million representing a decrease of KHR136,838 million or 63.25% as compared to financial year 2022 recorded at KHR216,355 million. The changes in revenue reflected the execution progress of various projects in Cambodia. Lower revenue is mainly derived from completion of East Siem Reap project on March 2023 and lower project progress being recognised by Laos Border Project and Tatay Project. The operating profit for the financial year ended 30 June 2023 recorded at KHR11,963 million representing a decrease of KHR10,889 million or 47.65% as compared to KHR22,852 million in the financial year ended 30 June 2022. The loss after tax for the financial year ended 30 June 2023 recorded at KHR23,246 million representing a decrease of KHR25,716 million or 1,041.13% as compared to profit after tax of KHR2,470 million in the financial year ended 30 June 2022. |
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Disclosure Details:
| In the fourth quarter period ended 30 June 2023, the total revenue of PEPC is KHR8,463 million representing a decrease of KHR20,301 million or 70.6% as compared to KHR28,764 million for the fourth quarter of the Financial Year ended 30 June 2022. The changes in revenue reflected the execution progress of various projects in Cambodia. As at 30 June 2023, the total asset is KHR1,199,486 million representing a decrease of KHR 2,796 million or 0.23% as compared to KHR1,202,282 million in the financial year ended 30 June 2022 and total equity is KHR 91,408 million representing a decrease of KHR18,608 million or 16.91% as compared to KHR110,016 million in the financial year ended 30 June 2022. The significant indicators in the fourth quarter of FY 2023 are as follows: 1. Current Ratio:0.77 2. Quick Ratio: 0.75 3. Return on Assets: (0.86)% 4. Return on Equity: (11.31)% 5. Gross Profit Margin: 49.4% 6. Loss Margin: (122.13)% 7. Loss per Share: KHR (137.91) |
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 |
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| 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%. |
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Disclosure Details:
| In the third quarter period ended 31 March 2023, the total revenue of PEPC is KHR19,160 million representing a decrease of KHR36,130 million or 65.3% as compared to KHR55,290 million for the third quarter of the Financial Year ended 30 June 2022. The changes in revenue reflected the execution progress of various projects in Cambodia. As at 31 March 2023, the total asset is KHR1,203,005 million representing an increase of KHR 723 million or 0.06% as compared to KHR1,202,282 million in the financial year ended 30 June 2022 and total equity is KHR 97,103 million representing an decrease of KHR12,913 million or 11.74% as compared to KHR110,016 million in the financial year ended 30 June 2022. The significant indicators in the third quarter of FY 2023 are as follows: 1. Current Ratio: 0.95 2. Quick Ratio: 0.93 3. Return on Assets: (0.44%) 4. Return on Equity: (5.45%) 5. Gross Profit Margin: 49.4% 6. Profit Margin: (27.61%) 7. Earnings per Share: KHR (70.59) |
Disclosure Details:
| 1 – Date of Meeting | 2023-05-23 10:00 |
| 2 – Agenda | 9:00 a.m. Registration of Shareholders
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. Dav Ansan 10:10 a.m. Approval of the following resolution: 1. Approval on decision not to distribute dividend for the financial year ended 30 June 2022. 10:20 a.m. Collect Ballot Paper and Announcement of Voting Results 10:30 a.m. End of Meeting |
| 3 – Results in Points | The meeting reviewed, discussed and approved as follows: 1. Approval on decision not to distribute dividend for the financial year ended 30 June 2022 (99.99% voted For and 0.01% voted Against) |
| 4 – Other | Mr. Dav Ansan, the Chairman of the Meeting called the Meeting to order at 10:00 a.m and welcomed all directors who presented online, shareholders, proxy and invitees who were present to the Meeting. He then introduced the Corporate Secretary.
Ms. Lynda Pan, the Corporate Secretary informed the Chairman that the requisite quorum being present was in accordance with the Article 37 of the Company’s Articles of Incorporation, the Chairman declared that the Meeting duly convened. The Corporate Secretary then briefed the Meeting house rules to all attendees and went through the polling procedures to the Shareholders and Proxy. The Chairman presented the following resolution to be voted by way of poll: 1. Approval on decision not to distribute dividend for the financial year ended 30 June 2022. The Chairman announced that the poll was opened and the Shareholders and Proxy were required to cast their votes on the ballot paper that was distributed during the registration. All attendees were invited to wait for the poll results. In conclusion, the resolution was approved by the Shareholders. The Meeting was adjourned at 10:30 a.m. |
Disclosure Details:
Notification On the Delay in Releasing the Third Quarterly Report in 2023 of PESTECH (CAMBODIA) PLC.
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