PAS, PPAP report revenue growth in 2025 first quarter

PAS, PPAP report revenue growth in 2025 first quarter

Cambodia’s two state-owned ports – Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), reported growth in revenue in the first quarter (Q1) of 2025, according to reports filed before the Cambodia Securities Exchange.

The PAS, the Kingdom’s largest seaport, earned gross revenue of KHR 114.78 billion (approximately $28.6 million) from January-March period of this year, a year-on-year increase of 16.89 percent, the report stated. “The main reason for increase in revenue and operating profit has been the increase in containers and cargo throughput,” PAS said in the report.

Meanwhile, PPAP, the country’s second-largest container hub, recorded total revenue of KHR 41.9 billion 43.4 (approximately $10.4 million) during the above-mentioned period, an increase of 27.2 percent compared to the first quarter in a year earlier, the report said.

Phan Rim, spokesman at the Minister of Public Works and Transport, attributed the rise in the ports’ revenue to growing trade exchanges between Cambodia and the rest of the world. “As the ports are the main gateway for Cambodia’s trade exchanges with countries in the region and the world, the revenue growth for ports is a positive sign, reflecting the growth of businesses and trade activities, contributing to Cambodia’s economy,” Rim told Khmer Times.

He said ports’ positive performances are the result of the government’s efforts to enhance infrastructure and streamline customs procedures.

From January through March 2025, the country’s exports jumped 9.8 percent to reach $6.87 billion, while imports went up 21.5 percent, amounting to $7.57 million, according to a General Department of Customs and Excise report.

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