PPWSA's revenue increases 31% in 2Q20

CSX-listed Phnom Penh Water Supply Authority (PPWSA) collected a total of $18.35mn in revenue in the second quarter of the year, an increase of 31.4% compared to the same period last year, according to a report filed on the CSX. Its net profit in 2Q20 came to $3.86mn, a surge of 71.4% YoY. In the first half of 2020, the company earned a total of $10.45mn in net profit, translating into an earning per share of KHR 487.8. Based on the last close of KHR5,800 and the latest trailling-twelves-month earnings per share of KHR668, the stock is traded at P/E of 8.69x. (Source: CSX, YSC Research)