Equity Report

PPAP 4Q23 Review: Net Profit Plunges 34% YoY

In 4Q23, container throughput slightly increased 2.9% YoY to 91,186 twenty-foot equivalent units (TEUs). On the other hand, the total volume of the containers decreased by ...

26th March 2024

See More

Equity Report

ABC 4Q23 Review: Bottom Line Declines on High Credit and Funding Costs

At the end of 4Q23, the number of loan accounts reached 661,941, up 11.9% YoY. Gross loan portfolio saw a slight uptick of 3.7% YoY, totaling USD 6,657.3mn at the end of 2023, mainly driven by 5.0% YoY growth ...

26th March 2024

See More

Equity Report

PPWSA 4Q23 Review: Strong Recovery and Resilience in Challenging Times

In 4Q23, total water subscription reached 478,141 connections, an increase of 2.4% compared to the previous quarter, and 5.9% compared to the same period last year. Of the total subscriptions, household clients account for 381,752 ...

26th March 2024

See More

Industry Report

Research Paper: Non-Performing Loans and Commercial Bank Profitability: Evidence from Cambodia

This study looks at the macroeconomic and bank-specific factors that affect non-performing loans and how they affect Cambodian banks' profitability. The study uses panel data with a sample of 35 commercial banks in Cambodia from 2017 to 2022 given an observation of 210.

04th September 2023

See More

Equity Report

PPAP's 1Q23 review: Revenue and profit plunge on trade decline

In 1Q23, the port operator faced significant challenges as total container throughputs dropped by 24.7% YoY to 77,341 TEUs. Container shipments (in tons) decreased by 15% compared to the previous quarter and 6% compared ...

30th August 2023

See More

Industry Report

Industry Report 2023: Is Cambodian Banking Sector Highly Oversaturated?

The Cambodian banking industry is facing increasing systemic risks due to the looming economic uncertainty and rising non-performing loans (NPLs). Key indicators, such as Total Credit (% of GDP), Credit Non-financial (% of GDP), and Domestic Credit to Private Sector (% of GDP) are recorded at 195%, 188%, and 177%, respectively, as of the end of 2022..

07th August 2023

See More

Equity Report

ABC's 2022 Review: Robust growth year despite headwind

Both deposits and loans experienced rapid growth in 2022. The total number of loan accounts increased by 9.3% YoY, and the gross loan portfolio increased by 18.3% YoY to USD 6,422mn, slightly above ...

29th June 2023

See More

Equity Report

PPWSA 1Q23 Review: Core revenue growth continues to be resilient

Water subscriptions increased 4.8% YoY to 458,909 connections at the end of 1Q23. Household clients make up the vast majority of water subscribers, with 366,997 connections, or 80.0% of the total connections. Commercial and industrial clients account for 85,180 connections or 18.6% of the total, while the remaining ...

22nd May 2023

See More

Equity Report

PPWSA 2022 Review: Bottom line declines despite solid growth of water sales

• At the end of 2022, there were 451,554 connections, a rise of 4.7% from the end of 2021. Household customers make up 360,948 connections, or 79.9%, of the total subscriptions, while commercial and industrial customers make up 83,874 connections or ...

18th May 2023

See More

Equity Report

PPAP's 2022 Review: A positive year with strong profitability

Container throughputs reached 417,412 TEUs in 2022, up 20% YoY. Imports of raw materials for garments represented 10% of total imports, rising 15% compared to 2021. Garment exports accounted for 74% of all exports, increasing 17.58% YoY, which contributed to the increase in container throughputs...

27th April 2023

See More
© Copyright 2022 Yuanta Securities (Cambodia) Plc. All Right Reserved