(The Khmer Times)
Phnom Penh Autonomous Port (PPAP) registered a pre-tax profit of $2.85 million last quarter, a 25 percent decrease over the same period in 2019, according to its quarterly report.
Previous filings reported that PPAP’s revenue decreased by 2 percent in Dec, an upwards trend away from the firm’s overall revenue decline of 11 percent during Q42020.
The company’s total pre-tax profit for the fiscal year was over $12.5 million, while the firm held more than $26.65 million in reserves as of Jan 1.
