Cambodia's 4 listed firms report profits last year
Source: Xinhua   2017-04-04 22:00:27

PHNOM PENH, April 4 (Xinhua) -- All four companies listed on the Cambodia Securities Exchange (CSX) have earned profits in 2016, according to their financial reports released by the CSX on Tuesday.

The state-run Phnom Penh Autonomous Port made a net profit of 4 million U.S. dollars last year, up 28 percent year-on-year, its financial statement showed.

"The growth in profit was due to the increase in number of containers and ships," the statement said.

Sportswear maker Grand Twins International recorded a net profit of 5.22 million U.S. dollars last year, up 389 percent if compared to the year before, said its financial statement.

The statement said, "the increase in profit was thanks to the rise in purchase orders and the decrease in raw materials and administration expenses."

Meanwhile, the Phnom Penh Special Economic Zone earned a net profit of 1.44 million U.S. dollars in 2016, a 65 percent decrease if compared to 2015.

And the state-owned Phnom Penh Water Supply Authority made a net profit of 12.1 million U.S. dollars last year, a drop of 13 percent compared to the year before, showed its financial statement.

Launched in 2011, the CSX is a joint venture between the Cambodian government holding 55 percent of the stakes and the Korean Exchange owning the remaining 45 percent.

Editor: xuxin
Related News
Xinhuanet

Cambodia's 4 listed firms report profits last year

Source: Xinhua 2017-04-04 22:00:27
[Editor: huaxia]

PHNOM PENH, April 4 (Xinhua) -- All four companies listed on the Cambodia Securities Exchange (CSX) have earned profits in 2016, according to their financial reports released by the CSX on Tuesday.

The state-run Phnom Penh Autonomous Port made a net profit of 4 million U.S. dollars last year, up 28 percent year-on-year, its financial statement showed.

"The growth in profit was due to the increase in number of containers and ships," the statement said.

Sportswear maker Grand Twins International recorded a net profit of 5.22 million U.S. dollars last year, up 389 percent if compared to the year before, said its financial statement.

The statement said, "the increase in profit was thanks to the rise in purchase orders and the decrease in raw materials and administration expenses."

Meanwhile, the Phnom Penh Special Economic Zone earned a net profit of 1.44 million U.S. dollars in 2016, a 65 percent decrease if compared to 2015.

And the state-owned Phnom Penh Water Supply Authority made a net profit of 12.1 million U.S. dollars last year, a drop of 13 percent compared to the year before, showed its financial statement.

Launched in 2011, the CSX is a joint venture between the Cambodian government holding 55 percent of the stakes and the Korean Exchange owning the remaining 45 percent.

[Editor: huaxia]
010020070750000000000000011100001361823141