Shareholders in the Phnom Penh Water Supply Authority (PPWSA) will
receive a dividend payment of 54.75 riel per share on April 23, almost double
the 2013 payout figure of 27.7 riel.
PPWSA will pay out in total 4.7 billion riel ($1.17 million) to
investors, according to a statement released last week. PPWSA also said that it
expects a gross revenue increase of 14.1 per cent in 2014 and a net profit
increase of 12.5 per cent. PPWSA’s annual report, published on April 8, shows
total revenue for the firm during 2013 totalled $37.9 million, up 12 per cent from
$33.8 million a year earlier. Net profit for the water utility equaled $9.68
million, up 12.5 per cent from $8.6 million in 2012.
Source:
http://www.phnompenhpost.com/business/dividend-doubles-ppwsa-investors
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