Yuanta

Equity Report

PPAP's 3Q18 review: Net profit jumps 60% YoY on deferred tax income

• Container throughputs handled by PPAP in 3Q18 increased 7.6% YoY (+30% QoQ) to 64,039 TEUs, seeing a single-digit YoY growth for the first time in the last seven quarters. Total container cargoes volume dropped 3.7% YoY (+24.9% QoQ), as container cargoes for imports fell 6.1% compared to the same period last year...

07th December 2018

Equity Report

PPWSA's 1H18 review: Operating profit margin narrows as expenses on salaries & electricity surge

Total water subscription reached 355,090 at the end of June, up almost 5% from the end of 1Q18. The increase of 16,798 subscribers during 2Q18 is the biggest quarterly growth since...

28th September 2018

Equity Report

4Q17 review: net profit jumps 60% YoY in 4Q17; 30% YoY in 2017

• Container throughputs handled by PPAP during the fourth quarter came to 45,493 TEUs, up 23.3%, with container cargo volume rising 13.0% compared to the same period in 2016. Meanwhile, general and oil cargo volumes surged 28.0% YoY and 12.1% YoY to 105,282 tonnes and 182,043 tonnes, respectively...

27th February 2018

Equity Report

PPWSA's 4Q17 review: net profit plunges on forex loss

• Water subscription continued to see stable increase in 4Q17 with 5,900 additional subscribers during the period. The total number of subscribers reached 333,288 at the end of 2017, a 7.22% growth compared to the end of 2016...

27th February 2018

Equity Report

3Q17 review: earnings jump 44.6% YoY

In 3Q17, container throughputs handled by PPAP surged 21.9% YoY, reaching a record high of 59,425 TEUs. As a result, container cargo volume soared 42.0% YoY to 477,901 tonnes during the three-month period...

12th December 2017

Equity Report

3Q17 review: net profit declines 20% YoY as expenses increase

Water subscription continued to see stable increase in 3Q17 with 5,616 new clients subscribing during the period. Total number of subscriptions reached 327,388 at the end of September, up 5.8% compared to the end of last year...

22nd November 2017

Equity Report

1H17 review: earnings rise 2.5% YoY on solid revenue growth

Thanks to increasing cargo traffic, total revenue in the first half of 2017 rose 10.0% YoY to KHR33.33bn. The solid top-line increase was thanks to a robust growth in main sources of revenue including income from stevedoring, lift-on lift-off (LOLO), and port services, which rose 12.4% YoY, 19.6% YoY, and 8.8% YoY, respectively...

18th September 2017

Equity Report

PPWSA's 1H17 review: Top line soars 17.6% YoY; net profit declines on forex loss

Total number of water subscriptions continue to rise, increasing by 12,472 subscribers during the first half of 2017 or 4.0% compared to the end of 2016, and reached 321,772 subscribers at the end of June...

05th September 2017

Equity Report

PPAP's 1Q17 review: earnings fall 8.3% YoY on rising depreciation expense

In 1Q17, container throughputs was the highest PPAP has ever handled during the first quarter of year, surging 22.3% YoY to 39,510 TEUs, resulting in a 12.8% YoY increase in container cargo volume to 308,153 tonnes...

08th June 2017

Equity Report

PPAP's 4Q16 Review: Net profit surges 74.8% YoY in 4Q16; 28.4% YoY in 2016

Container throughput handled by PPAP in 4Q16 came to 36,884 TEUs, up 5.0% compared to the same period in 2015. While container throughput for imports rose slightly by 1.8% YoY, container throughput for exports saw a solid increase of 8.6% YoY, thanks particularly to...

01st March 2017