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PPAP sees slight profit growth in first 9 months

Nov 18th at 08:19
18-11-2016 08:19:43+07:00

PPAP sees slight profit growth in first 9 months

State-owned Phnom Penh Autonomous Port (PPAP) reported a slight uptick in revenue, growing from $11.3 million to $12.3 million during the first nine months of 2016, compared to the same period last year, in a filing yesterday to the Cambodia Securities Exchange (CSX).

Meanwhile, net profit for the period increased by $500,000 to $3.2 million, compared with $2.7 million for the first nine months of 2015.

PPAP’s share price increased by 60 riel yesterday, ending the day at 5,360 riel ($1.32) in low-volume trading.

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