Saudi Aramco soared on Thursday above the $2 trillion valuation target sought by the kingdom’s de facto ruler as the energy giant’s share price surged on its second day of trading.
Corporate bond listed LOLC, one of the largest microfinance institutions in Cambodia, reported strong business performance in the first nine months of this year, resulting in an interest income rise of 39 per cent, while net profit grew 87 per cent.
Locally-owned Acleda Bank Plc will become the first commercial bank to be listed on the Cambodia Securities Exchange (CSX).
Cambodia Securities Exchange- (CSX-) listed Phnom Penh Autonomous Port (PPAP) reported $8.97 million in net profit during the first nine months of this year – up 46.9 per cent from $5.98 million during the same period last year.
Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year.
Nagaworld, which holds an exclusive licence to operate in Phnom Penh, reported a 20 per cent year-on-year gain in gross gaming revenue (GGR) of nearly $1.29 billion in the first nine months of this year, according to GGRAsia.
Cambodia Securities Exchange-listed (CSX) and Taiwan-based firm Grand Twins International (Cambodia) (GTI) posted an 83 per cent increase in revenue to $43.53 million in the second quarter of this year on the same period last year, according to their quarterly report filed to CSX.
Cambodia Securities Exchange-listed (CSX) Hattha Kaksekar Limited (HKL), a microfinance institution (MFI), posted a 49.28 per cent increase in net profit in the first quarter of this year, according to a financial report filed on the stock exchange.
Shares in ARB Bhd edged up on Tuesday morning after the company announced its $20 million enterprise resource planning (ERP) system and solutions venture into Cambodia.
JT Capital, a new local derivative brokerage firm, officially launched operations in Cambodia on Saturday, joining in on Cambodia’s fledgling derivative trading market after receiving a licence from the Securities and Exchange Commission of Cambodia (SECC), according to an SECC press release.