management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of
accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost in the same amount. No gain and
Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The
revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a
invest in assets of the infrastructure business that is a greenfield project, a step-by-step operation plan, 4 starting from construction to completion of the construction, as well as the management and
risks. In this regard, such risks include completion risks (if any). Clause 24 The REIT manager shall arrange unit holders’ meeting in accordance with the trust instrument. 7 Clause 25 When there is a
. 2 MB, representing an increase of 23. 8% because at the end of the year 2022, the revenue was recognized base on the completion of project, which has been operated according to progress but has not
demand in this quarter was lower qoq, primarily due to low seasonal demand from post New Year Gifting Season and Chinese New Year. On qoq basis, 1Q2018 Market P2F of FA was relatively flat which amounted