[Disclosure] Impairment of More Than 50% of Entire Capital (Unofficial Translation)
Disclosure Details
| Company Name | JS LAND PLC (JSL) | |||
|---|---|---|---|---|
| Date | 7 August 2026 | |||
| 1 - Details of Changes | Current Fiscal Year | Previous Fiscal Year | Change Amount | Change Rate(%) |
| Shareholder Equity/Total Asset | KHR 2,574,313,000 | KHR 6,828,003,000 | (KHR 4,253,690,000) | (62.30%) |
| 2 - Shareholders' Equity | ||||
| 3 - Description | Total shareholders’ equity as of Q2 2026 amounted to KHR 2,574,313,000, representing a decrease of KHR 4,253,690,000 (62.30%) compared to KHR 6,828,003,000 in FY2025. The significant decline indicates a substantial reduction in the Company’s net worth during the reporting period. | |||
| 4 - Reason | The decrease in shareholders’ equity was primarily attributable to net losses incurred during the period, which reduced retained earnings. The decline may also have been influenced by lower revenue performance, increased operating costs, impairment of assets, or other adverse financial impacts affecting overall profitability. | |||
| 5 - Action to be Taken | Management is implementing corrective measures to improve financial performance, including cost optimization initiatives, strengthening revenue generation strategies, enhancing operational efficiency, and closely monitoring cash flow and expenses. The Company will also review its business strategy to restore profitability and improve shareholders’ equity in the upcoming periods. |
Attachments
Source: Cambodia Securities Exchange (CSX) — csx.com.kh