Weekly Market Summary
CSX index rises slightly for second day straight Today, the CSX index rose slightly for a second day straight, up 0.70% to 360.6 pts. This morning, only 75 shares changed hands. (Source: YSC Research)
PPWSA shares post weekly gain of 5% Shares in Phnom Penh Water Supply Authority (PPWSA) closed at KHR4,200, posting a weekly gain of 5%. This week saw 3,534 shares changed hands. (Source: YSC Research)
GTI shares finish week 5.14% higher Shares in Grand Twins International (GTI) finished the week up 5.14% to KHR4,500. 4Q16’s result released yesterday showed total revenue during the last quarter increased 5.9% YoY to KHR79.2bn, while net income during the period came to KHR2.2bn from a loss of KHR14.7bn in 4Q15. According the unaudited report, the garment manufacturer earned KHR331.4bn (+44.1% YoY) in total revenue, and KHR21.2bn (+389.76% YoY) in net income in 2016. The marked net income growth was thanks to strong revenue increase as a result of rising orders from customers. (Source: YSC Research)
PPAP shares unchanged from last Friday Shares in Phnom Penh Autonomous Port (PPAP) was up KHR20 to KHR5,200, unchanged from last Friday. According to 4Q16’s result released yesterday, total revenue in the last quarter rose 5.45% YoY to KHR16.bn, while net income jumped 74.77% YoY to KHR3.3bn. In 2016, the port operator saw a solid revenue growth of 7.5% YoY, with net income reaching KHR16.6bn (+28.2% YoY). (Source: YSC Research)
PPSP shares ended week unmoved Shares in Phnom Penh SEZ Plc (PPSP) rose 3.33% to KHR2,790, remaining unmoved from last Friday. According an unaudited report released yesterday, the company saw its revenue declined sharply from $16.4mn in 2015 to slightly under $9.5mn last year. Meanwhile its net income in 2016 stood at only $1.45mn, down markedly from $4.12mn in the previous year. (Source: YSC Research)