News

Listed firms GTI and PAS post higher Q3 revenue

Two Cambodia Securities Exchange- (CSX-) listed firms – Grand Twins International (GTI) and Sihanoukville Autonomous Port (PAS) – reported a strong business performance with high revenue in the third quarter of this year. ...

May Kunmakara
https://www.phnompenhpost.com/business/listed-firms-gti-and-pas-post-higher-q3-revenue

GTI growth from higher orders and lower costs

Taiwanese-owner garment manufacturer Grand Twins International (GTI), which posted a 44 percent surge in revenue and a massive 390 percent in net profit last year, attributed the surge to an increase in orders and the decrease of raw material costs, administration costs and total commissions, ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/gti-growth-higher-orders-and-lower-costs

Listed firms lax on fiscal reports

Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s ...

Kali Kotoski
http://www.phnompenhpost.com/business/listed-firms-lax-fiscal-reports

Grand Twins profit falls by 69.5%

Grand Twins International (GTI), a Taiwan-owned listed company on the Cambodia Securities Exchange (CSX), declared a dividend payout ratio of 50 percent of its net profit after tax for the 2015 financial year. The dividend distribution will be made on the 30th of this month. ...

May Kunmakara
http://www.khmertimeskh.com/news/26166/grand-twins-profit-falls-by-69-5-/

GTI profits rise 157 per cent

After posting an overall decline in profit of 70 per cent in 2015, Grand Twins International (GTI), the only publicly traded garment firm, reported bullish earnings for the first quarter of this year signalling hope that the manufacturer could launch a winning streak. ...

Kali Kotoski
http://www.phnompenhpost.com/business/gti-profits-rise-157-cent

Higher wages hit GTI bottom line

The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...

May Kunmakara
http://www.khmertimeskh.com/news/23572/higher-wages-hit-gti-bottom-line/

Efficiency on factory floor boosts GTI profit

Cambodia’s second listed company Grand Twins International (GTI) posted an increase in profits for the quarter ending June 30, as the company, despite losing revenue, was able to reduce the costs and improve worker productivity. ...

Ananth Baliga
http://www.phnompenhpost.com/business/efficiency-factory-floor-boosts-gti-profit

Cost cutting leads to Q1 profit for GTI

Publicly-listed garments firm Grand Twins International made a small profit this quarter by slashing its costs, although that didn’t stop the company from taking a hit to its revenues, according to its first-quarter results released yesterday. ...

Charles Rollet
http://www.phnompenhpost.com/business/cost-cutting-leads-q1-profit-gti

Rough start for CSX’s second listing

Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse Despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...

Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing

GTI to pay 177 riel per share

Garment factory Grand Twins International (GTI), one of the two companies listed on Cambodia’s fledgling stock exchange, will pay 50 per cent of its net income after tax in dividends to shareholders by the 22nd of this month. According to an announcement from the Cambodia Securities ...

May Kunmakara
http://www.phnompenhpost.com/business/gti-pay-177-riel-share

Grand Twins revenue plunges

Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...

Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-revenue-plunges

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