Research

Our research reports provide comprehensive, up-to-date
information and analysis on the Cambodian economy in regional
and global context, selected industries, and the equity market in Cambodia.

Equity Report

PPWSA's 2019 review: bottom line plunges 56% on declining other income

Total revenue fell 18.9% to KHR215bn in 2019 from KHR265bn in 2018. The decrease in revenue was driven mainly by declining other income, which dropped by KHR33.8bn since in 2018 the company earned KHR32.9bn from the one-time gain on settlement of retirement benefit obligation. Meanwhile, core water sales, which represented more than 90% of total revenue in 2019, were down by KHR11.6bn or 5.6%....

Total revenue fell 18.9% to KH...

July 17, 2020

Equity Report

PPAP's 4Q19 review: Net profit surges 42.7% YoY on strong revenue growth

Pre-tax profit came to KHR15.54bn in 4Q19, an increase of 58.7% YoY. Despite the expired tax incentive, which the listed company had enjoyed for three years from 2016 to 2018, net profit growth remained remarkable at 42.7% YoY. In 2019, PPAP recorded the highest annual net income of KHR47.82bn.

Pre-tax profit came to KHR15.5...

March 31, 2020

Economy & Industry

National Assembly approves budget for 2020

The National Assembly yesterday approved the draft Budget Law for 2020, according to which the government plans to spend $8.2bn for 2020, a 22% increase compared to 2019...

The National Assembly yesterda...

November 27, 2019

Economy & Industry

Govt and private sector to discuss home solar system

The Ministry of Mines and Energy and several local solar companies will meet today for a consultative workshop on guidelines for solar home systems (SHS). The workshop aims to gather market data, analyse examples...

The Ministry of Mines and Ener...

November 26, 2019

Coporate News

Estate Xchange to offer real estate and properties marketplace

Estate Xchange (Cambodia) Plc, with Morgan Group as its strategic partner, will offer a new marketplace for real estate and properties trading. Speaking at the grand opening and signing ceremony, Ros Sovantha, the company’s CEO said...

Estate Xchange (Cambodia) Plc,...

November 22, 2019

Economy & Industry

JICA completes feasibility study on water treatment plant in Takhmao

The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed...

The feasibility study for a Ja...

November 21, 2019

Equity Report

PPWSA's 3Q19 review: Operating profit surges 57% YoY in 3Q19, 17% YoY in first nine months

Total number of water subscriptions has maintained a steady growth, increasing by 6,391 in 3Q19 to 386,661 at the end of September. Subscription by commercial and industrial clients saw the highest quarterly increase in the last five quarters, rising by 1,000 to 60,804 (15.7% of total). Subscriptions by households reached 319,372 (82.6% of total), or 5,395 more compared to the end of 3Q18...

Total number of water subscrip...

November 21, 2019

Economy & Industry

Garment, textile and footwear exports increase 13% YoY in first nine months

Cambodia exported more than $7.97 billion worth of garment, textile and footwear (GTF) products in the first nine months of this year, up 13.18 per cent year-on-year from $7.04 billion, a report from the Ministry of Economy and Finance’s General Department of Customs and Excise said...

Cambodia exported more than $7...

November 20, 2019

Coporate News

Local startup “Clik” featured in Fintech100’s “Emerging 50”

Cambodia’s local startup “Clik” – a digital payments service aggregator based in Phnom Penh—was featured in the “Emerging 50” section of this year’s Fintech100 for the first time.

Cambodia’s local startup “...

November 19, 2019

Equity Report

PPAP's 3Q19 review: Net profit rises 47.1% YoY in first nine months despite 8.6% YoY drop in 3Q19

Container throughputs handled by PPAP in 3Q19 hit an all-time high of 92,494 TEUs, surging 44.4% compared to 3Q18, the highest YoY growth for quarterly throughputs the port has achieved since 2011. Container shipments during the period rose 27.5% YoY to 635,409 tons...

Container throughputs handled ...

November 19, 2019