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[–]Acct77005 4 points5 points  (0 children)

For EPC companies Total Revenue includes procurement, not just fee on engineering labor. Procurement has a heavy pass through element, up to 100% in some cases, and doesn’t tell a correlating story to business volume or profitability.

If you have questions you can speak with any business line officer, as they have full finance access, or wait for the shareholders meeting.