3 million foreign visitors visit Cambodia in just 7 months of 2023

/ August 17, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
486.47 0.00 150,835 13,048

Stock Performance

Stock Close (KHR) 1D chg (%) MTD chg (%) YTD chg (%) 1M high (KHR) 1M low (KHR) MTD vol (shr) Mkt cap (KHR'bn)
PWSA 7,480 0.00 0.27 -1.06 7,500 7,460 38,828 651
GTI 3,040 -1.30 -2.88 -20.00 3,180 3,040 3,870 122
PPAP 14,060 0.00 -0.99 0.43 14,380 14,020 2,518 291
PPSP 2,250 0.00 -1.32 -5.86 2,310 2,210 42,378 162
PAS 12,640 0.00 -1.86 -5.11 13,240 12,640 18,580 1,084
ABC 10,040 0.00 -0.79 -7.21 10,120 10,040 883,964 4,349
PEPC 2,810 0.00 -4.42 -10.79 2,980 2,810 10,623 211
DBDE 2,210 0.00 0.91 -7.53 2,210 2,140 52,887 41
JSL 3,450 -1.43 -1.15 -30.44 3,520 3,300 4,344 89
1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization


Valuation Ratios

  EPS BPS* P/E P/B P/S EV/EBITDA
  ttm,mrq (ttm,KHR) KHR (ttm,x) (mrq,x) (ttm,x) (ttm,x)
PPWSA 3Q22 1,242 9,852 6.02 0.76 1.88 8.30
GTI 3Q22 178 7,138 17.10 0.43 0.27 60.86
PPAP 3Q22 2,897 18,416 4.85 0.76 1.96 5.38
PPSP 3Q22 328 3,576 6.85 0.63 0.93 15.96
PAS 3Q22 1,568 5,986 8.06 2.11 3.06 13.86
ABC 3Q22 1,702 12,067 5.90 0.83 1.49 NA
PEPC** 2Q22 33 1,468 85.26 1.91 0.97 24.60
DBDE 3Q22 -123 1,426 NA 1.55 0.66 2.42
NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *Excluding equity of non-common shares for PPWSA, PPAP and PAS; **FY ending in June

News Highlights

Stock Market

Majority of the main board stock do not move The CSX index increased by 0.14% to 486.5 points on August 17, 2023. PWSA, PPAP, PPSP, PAS, ABC, and PEPC are the main board stocks that didn't alter. GTI, though, is down 1.30%. JSL decreased by 1.43% on the growth board, while DBDE remained constant. Comparing the trading volume to the previous day's closing volume, there was a 0.14% rise to 150,835 shares, or KHR 1,095 million. (Source: YSC Research)

Economy and Industry

3 million foreign visitors visit Cambodia in just 7 months of 2023 According to a report from the Ministry of Tourism issued on Wednesday, Cambodia welcomed 3,037,344 foreign visitors in the first seven months of 2023, an impressive increase of 308% over the country's 743,459 visitors during the same time in 2022. Thailand came in first place among foreign visitors to the Southeast Asian nation between January and July of this year, followed by Vietnam and China. The number of international visitors to Cambodia increased by 237% to 1,065,233 via air, and by 362 percent to 1,972,111 by land and sea. Tourism Minister Thong Khon stated that, "Based on this number, Cambodia is expected to attract at least 5 million international tourists in 2023," noting that the country only welcomed 2.27 million tourists from outside in 2022. (Source: Khmer Times)

Cambodia requests that the IMF examine the state debt system The Ministry of Economy and Finance (MEF) has requested the International Monetary Fund (IMF) to review the frameworks and mechanisms of sustainable public debt management in Cambodia. The request was made during a meeting between MEF Minister Aun Pornmoniroth and IMF Resident Representative for Cambodia Yasuhisa Ojima. MEF Secretary General Meas Soksesan said the IMF reviews would improve the country's financial sector and enhance economic growth forecast modeling. The IMF has helped prepare Cambodia's GDP, budget statistics, and technical assistance in reviewing customs law and capacity building programs. The Cambodian government has a total public debt of $10.27 billion as of the first quarter of this year. (Source: Khmer Times)

GDT updates the special tax on items that aren't alcoholic beverages The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has revised special tax on non-alcoholic beverages in Cambodia. The new rules divide non-alcoholic beverages into three categories: energy drinks, selected non-alcoholic drinks, and non-alcoholic beverages not mentioned in the first and second categories. The special tax is raised to 15% for all energy drinks, and decreased to 5% for selected non-alcoholic drinks, including milk processed through high-ultra temperature or heat, soybean juice, coconut juice, coffee, and non-gas drinks drinkable immediately without liquefying. Local businesspeople or manufacturers producing non-alcoholic beverages not mentioned in the first and second categories will also pay 10% of the special tax. The new rules will be effective from September 1, 2023. (Source: Khmer Times)

Corporate News

11.33 billion riels was the PPAP Q2's net earnings Phnom Penh Autonomous Port (PPAP) reported a net profit of 11.33 billion riels ($2,761,628) for the second quarter of 2023, a decrease of 3.68 billion riels ($941,206) from the previous year. The port's total revenue reached 36.08 billion riels ($8,791,614), a decrease of 8.16% from 2022. Net profit in Q2 2023 was 11.33 billion riels ($2,761,628), a 16.99% increase from Q2 2022. The company's total revenue from Port Operation and Port Authority for Q1 2023 was 66.83 billion riels ($16,323,769). PPAP's basic earnings per share in Q2 2023 were 547.94 Riels ($0.13). (Source: Khmer Times)

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