PPSEZ’s rethink after sharp profit fall

Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the CSX that its net profit had plunged sharply, from $3.3 million in the first half of last year to $308,000 in the same period this year. …

Chea Vannak