11 December 2014
The Phnom
Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during
the third quarter of this year. PPWSA profits after tax topped $4.5 million
during the three-month period
The
third-quarter result represents a 128% increase in profits for PPWSA, compared
to the same three-month period in 2013. The positive performance between July
and September contributed to an overall nine-month profit total of $8.5
million, an increase of 13% compared to the same nine months last year. Total
water sales for PPWSA, which services throughout Phnom Penh city, reached more
than $26.7 million during the first nine months of 2014. PPWSA, one of just two
firms on the CSX, has traded at 4,620 riel since Thursday, 4 December 2014.
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