Adverse Impact of VAT Introduction on the Cambodian Market
First written in FY2016-Q3. 1 of 3 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2017-Q3.
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- FY2017-Q3RestatedAnnual report
「The adverse effects on agriculture and related activities caused by low rainfall in the same quarter of the previous year, as well as the adverse effects on the market from the introduction of VAT (indirect tax), have dissipated, and overall conditions are moving toward a favorable environment.」
The company continues to explain that the adverse effects on the Cambodian market from the introduction of VAT have dissipated. - FY2017-Q2MitigatedAnnual report
「The adverse effects on agriculture and related activities caused by low rainfall in the same quarter of the previous year, as well as the adverse effects on the market from the introduction of VAT (indirect tax), have dissipated, and overall conditions have returned to a favorable level.」
The company explained that the adverse effects on the Cambodian market from the introduction of VAT had dissipated and that overall conditions had returned to a favorable level. - FY2016-Q3First statedAnnual report
「The introduction of VAT in the Kingdom of Cambodia has had an adverse impact on the market.」
The company describes the adverse impact of VAT introduction on the Cambodian market as a risk that has already materialized.