[Disclosure] Decrease in Revenue (Unofficial Translation)

By January 30, 2024Latest News

Disclosure Details:

Period Quarter
1 – Details of Changes Current Quarter Previous Quarter Change Amount Change Rate (%)
– Sales Amount KHR8,609 million KHR32,756 million (KHR24,147 million) (73.7%)
– Operating Profit (KHR1,612 million) KHR2,459 million (KHR4,071 million) (165.56%)
– Net Profit/Loss (KHR12,206 million) (KHR5,332 million) (KHR6,874 million) (128.9%)
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 KHR8,609 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%.