Tuesday, April 29, 2014

Cambodia's only listed company predicts 12 pct rise in profit this year

29 April 2014

Phnom Penh Water Supply Authority (PPWSA), the single listed company on the Cambodia Security Exchange (CSX), expects a 12 percent surge in profit in 2014. It is projected that the enterprise's net income will reach USD10.89 million this year, up 12 percent from USD9. 68 million last year.

PPWSA will expand clean water networks to two provinces, Kep and Pursat, in the near future.

CSX is expected to get the second listed company next month. Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based garment maker for U.S. athletic brands, announced last week that it would list on the stock market on May 29.

Source:
http://www.asean-china-center.org/english/2014-04/25/c_133290108.htm

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