Cambodia: Port operator sees its revenue, profit increase

• Nov 22, 2017

The capital’s listed port operator, Phnom Penh Autonomous Port (PPAP), reported that for the first nine months of this year, total revenue increased by 14.5 percent to $14 million while net profit surged by 23.6 percent to $4 million compared to the same period last year, the company said in a filing on the Cambodia Securities Exchange.

The port noted that as of the end of September, the operator held a total asset portfolio of $166 million with $132 million worth of equity, an increase of 2.3 percent and 3.14 percent respectively.

Source: http://www.phnompenhpost.com/business/port-operator-sees-its-revenue-profit-increase