PPWSA profit for Q1 down 60 pct over previous year
Phnom Penh Water Supply Authority (PPWSA) – the first listed company on the Cambodian stock exchange – has recorded a profit of $1.33 million for the first quarter, a decrease of 60 per cent from the same period last year, according to audited financial statements released yesterday. Ros Kimleang, chief of PPWSA’s accounting and financial department, told the Post yesterday that the reduced profit is due mainly to lower revenues from water consumption and increased spending on the Nirot Water Treatment Plant, where a solar power-generation system is being installed. …
Hor Kimsay
http://www.phnompenhpost.com/business/ppwsa-profit-q1-down-60-pct-over-previous-year
