News

PPAP revenue rise to $8m, all round growth in Q1’24

Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ... ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124

PPAP reports robust growth amid recovery

The Phnom Penh Autonomous Port (PPAP), the Kingdom’s largest stock-listed river port, reported favourable business performance in the year’s first month, in line with the government’s projection of 6.6% economic growth, driven by global and regional economic improvements. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/ppap-reports-robust-growth-amid-recovery

PPAP’s net profit, revenue decline in 2023

Net profit for Phnom Penh Autonomous Port’s (PPAP) financial year ended December 31, 2023 (FY’23) sank 36.2 percent to $9.1 million from $14.3 million a year ago. ... ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-net-profit-revenue-decline-in-2023

Profit down in first nine months of year: PPAP

Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2

PPAP’s jan-june revenue down 19%

Phnom Penh Autonomous Port (PPAP) saw a one percent year-on-year (YOY) uplift in revenue for the month of June, coming in at $3.6 million following a continued decline in the first five months of the year. ... ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-jan-june-revenue-down-19

Capital’s river port operator logs 24% decline in revenue

Local public-listed river-port operator Phnom Penh Autonomous Port (PPAP) reported a sharp decline in business performance in the first five months of the year due to regional and global economic uncertainty brought on by the protracted Ukraine conflict and its effects on demand and inflation. ...

May Kunmakara
https://www.phnompenhpost.com/business/capitals-river-port-operator-logs-24-decline-revenue

CSX-listed state firms post dull results for start of 2023

Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-listed-state-firms-post-dull-results-start-2023

PPAP revenue dips 14% to $10.77M in four months

The Phnom Penh Autonomous Port (PPAP) posted total revenue of $10.77 million for the first four months of this year, down 14 percent from its revenue of $12.53 million for the same period in 2022. ... ...

Adur Pradeep
https://www.khmertimeskh.com/501291770/ppap-revenue-dips-14-to-10-77m-in-four-months/

PPAP posts over $8 million in revenue in Q1, a decrease of 13 percent

Publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP), reported a revenue of some US $8.23 million during the first three months of 2023, a year-on-year decrease of 13 percent. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501277374/ppap-posts-over-8-million-in-revenue-in-q1-a-decrease-of-13-percent/

PPAP’s first quarter revenue dips 13%

Public-listed Phnom Penh Autonomous Port (PPAP) reported $8.23 million in revenue for the first quarter (Q1) of the year, a 13 percent decline compared to the same period last year. ... ...

Manoj Mathew
https://www.khmertimeskh.com/501276162/ppaps-first-quarter-revenue-dips-13/

Transport ministry rules that all cargo carriers must register with Port EDI system

The Ministry of Public Works and Transport has decided that all cargo ships unloading or picking up goods in Cambodia must register through the Port Electronic Data Interchange (Port EDI) system, an electronic data exchange system which manages large-scale inbound and outbound cargo traffic at ...

Post Staff
https://www.phnompenhpost.com/business/transport-ministry-rules-all-cargo-carriers-must-register-port-edi-system

Port revenues reach almost $130 million in 2022

The listed-Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP) posted revenues at almost $130 million last year, Ministry of Public Works and Transport’s report showed. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501240937/port-revenues-reach-almost-130-million-in-2022/

PPAP revenue jumps 21 percent in three quarter period

Local publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP) reported a revenue of over $30.3 million during the January-September period of 2022, a 21 percent year-on-year compared to the same period in 2020. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501171763/ppap-revenue-jumps-21-percent-in-three-quarter-period/

Phnom Penh port sees 30% jump in Jan-Sept container throughput

Public listed Phnom Penh Autonomous Port (PPAP) recorded a 30 percent year-on-year jump in container throughput at 329,043 TEUs (twenty-foot equivalent unit) in the first nine months ended Sept 30, 2022 compared to 256,407 TEUs. ... ...

Sangeetha Amarthalingam
https://kiripost.com/stories/phnom-penh-port-sees-30-jump-in-jan-sept-container-throughput

Salt shipment arrives as output falls below half of 2022 demand

Cambodia has received a first batch of salt imported from India, after unseasonable rains since the beginning of the year melted away domestic yields below half of the expected nationwide demand for 2022. ... ...

Hin Pisei
https://www.phnompenhpost.com/business/salt-shipment-arrives-output-falls-below-half-2022-demand

Phnom Penh Autonomous Port sees H1 revenue surging

Public-listed stated-owned enterprise Phnom Penh Autonomous Port (PPAP) recorded a 29 percent increase in unaudited revenue to $19.76 million in January-June period this year. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501113592/phnom-penh-autonomous-port-sees-h1-revenue-surging/

Capital’s third ring road nearly 74% finished

Industry players foresee a major upswing in the transport and logistics sector on the back of Phnom Penh’s under-construction third ring road, now 73.70 per cent completed and scheduled to be finished in the third quarter of 2023. ... ...

Hom Phanet
https://www.phnompenhpost.com/business/capitals-third-ring-road-nearly-74-finished

Five river port terminals due by November: minister

The TS11 multi-purpose port terminal on the Tonle Sap River in northern Phnom Penh is 85 per cent complete and is on track to be launched on July 1, with four more terminals to be opened by November, according to transport minister Sun Chanthol on ...

Nov Sivutha
https://www.phnompenhpost.com/business/five-river-port-terminals-due-november-minister

Largest cold storage facility breaks ground

The largest temperature-controlled cold storage and cross-docking facility in Cambodia – which will be able to handle up to 25 per cent of the Kingdom’s total requirements – has broken ground in Kandal province. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/largest-cold-storage-facility-breaks-ground

Cambodia’s largest ports see growth in revenue last year despite pandemic

Cambodia’s two state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), had seen double-digit growth in revenue in 2021 despite the COVID-19 pandemic, the Ministry of Public Works and Transport said in a report on Thursday. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/501014808/cambodias-largest-ports-see-growth-in-revenue-last-year-despite-pandemic/

PPAP revenue up 14% in 11 months, SSEZ trade volumes surge 40%

Phnom Penh Autonomous Port (PPAP) reported a 14 percent rise in 11 months revenue, compared with the same period last year. It earned $30 million from January through November, the majority from port operations. ... ...

Michael Firn
https://www.khmertimeskh.com/50988542/ppap-revenue-up-14-in-11-months-ssez-trade-volumes-surge-40/

Container traffic surges after port operator’s upgrade

Phnom Penh Autonomous Port (PPAP) saw a surge in demand from container ships last month after an upgrade added capacity to process and load shipping containers. Some 32,441 twenty-foot equivalent units (TEUs) passed through the port in October, an increase of more than 57 percent ...

Michael Firn
https://www.khmertimeskh.com/50965861/container-traffic-surges-after-port-operators-upgrade/

Port operator, Pestech book decent business performance

Two locally-listed firms on October 8 reported recoveries in business performance this year thanks to improvements across regional and global economies as they emerge from the Covid-19 health crisis. ... ...

May Kunmakara
https://www.phnompenhpost.com/business/port-operator-pestech-book-decent-business-performance

Phnom Penh Autonomous Port upgrades container handling capacity to 400,000 TEUs

The listed-Phnom Penh Autonomous Port (PPAP) launched its new container terminal on Monday, upgrading its full capacity in handling containers to 400,000 TEUs per year. ... ...

Khmer Times Staff
https://www.khmertimeskh.com/50938651/phnom-penh-autonomous-port-upgrades-container-handling-capacity-to-400000-teus/

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