Q2/2020. Main reasons were delay to start work of new projects and award schedule was delayed by pandamic issue such as Engineering work in their headquater have been delayed. Additional, main
income, the revenues from sales, services and construction contract of the year decreased from 2017, the mainly reason is that the number of large-scale project auction declined and the - 2 - delay in
2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but
Company’s amortization of intangible assets arising from the purchase of investments in associates and the result of associates’ delayed revenue recognition due to the delay in delivery of work. Consequently
amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work
due to the high fiscal base effect in the same period last of year that have accelerated disbursement after the budget Act for the year 2020 was delayed, it remained at a high level. In Q1–2021, the
to control the epidemic situation of COVID–19, causing many customers to change the method of work. As a result, the operation and delivery of the Company's projects were delayed more than usual. In Q2
%. This is because Campana Group Pte. Ltd. (a joint venture of the Company's joint venture), which was in the beginning of the business, had a loss. In addition, the Campana's project was delayed longer