PPAP reports higher revenue, lower profit


The capital’s listed port operator, Phnom Penh Autonomous Port (PPAP), reported net profits of $836,800 for the first quarter of 2017, a decline of 8.3 percent compared to the same period a year earlier.

PPAP said in a filing to the Cambodia Securities Exchange yesterday that total revenue increased to $4.1 million during the first quarter, compared to $3.9 million one year earlier.