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million or -40.62% YoY. The main reason for the decline in user spending was the inflationary situation of the country's economy, causing the consumer purchasing power to decrease, together with the
: Committing a fraud by misappropriating money of Nongree Power Plants Company Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of
administrative expenses as a percentage of revenues represented 42% - Bad debt and doubtful accounts In the fiscal year ended February 28, 2018, the bad debt and doubtful accounts in the consolidated financial
total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 37% in the third quarter of 2019. - Bad debt and
size calculation Criteria Percentage 1. Net tangible assets (NTA) 4.03% 2. Net profit 27.11% 3. Total consideration 7.65%% 4. Equity share value - 1) Details of the acquired assets The acquired assets
the Company’s financial statement, the operating and administrative expenses as a percentage of revenues decreased to 40% in 2016. 4 - Bad debt and doubtful accounts In the fiscal year 2016, the bad
services Shareholding Ratio in NU before and after the transaction Name of Shareholders Before transaction After Transaction Amount of Shares Percentage Amount of Shares Percentage 1. NMG 30,599,999 90
as a result the shareholding after the completion transaction will be changed as follows: List of Shareholder Pre - Acquisition Post - Acquisition Number of Shares Percentage Number of Shares