customer to secure the performance of derivatives contract when a derivative position is initiated; (4) “maintenance margin” means the minimum amount of assets to be maintained by a customer as long as the
design, work suspension or delay due to change in construction design Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which
completed. On the other hand, there are many projects which has been signed and some projects are pending for contract signing which revenue will be recognized in the second quarter of 2020. The cause of
and changes and adjustment of the construction design, work suspension or delay due to change in construction design. Many projects are gradually completed. Concurrently, many new projects have been
construction design. Many projects are gradually completed. Concurrently, many new projects that have been signed into contract or about to be signed which will allow the Company to begin to recognize revenue
Million or 6.2 percent mainly from the increase in repair and maintenance expense in accordance to the schedule together with the increase in amortization on rights to operate completed expressway sectors
Assets 240.87 305.00 -64.13 -21.03 Non-Current Assets 260.05 259.75 0.30 0.12 Total Assets 500.92 564.75 -63.83 -11.30 Current Liabilities 182.60 202.31 -19.71 -9.74 Non-Current Liabilities 146.89 156.49
maintenance expense in accordance to the schedule together with the increase in amortization on rights to operate completed expressway sectors and amortization on intangible asset under concession agreement of
company still managed to maintain the gross profit margin at 39.9% and started to realize the profit from 2 new completed joint venture condominium projects (Joint Venture) with Nomura Real Estate