Container traffic at capital’s port up 30 pct

22 Aug 2019 2304 | Business & Trade Fairs

State-owned Phnom Penh Autonomous Port saw a significant rise in container traffic during the first seven months of the year.

From January to July, the port handled 150,419 twenty-foot equivalent units (TEUs), a 29.5 hike compared to the same seven-month period last year, according to its latest unaudited report filed to the Cambodia Securities Exchange.

The publicly listed firm noted that 1,332 cargo ships passed through the port during the seven months, a 12.8 percent hike. The amount of fuel oil and gas shipped through the port rose to 2.2 million tonnes, a 25 percent year-on-year increase.

The report also shows a significant increase in the number of foreign tourists passing through the port. More than 27,600 foreign tourists boarded or disembarked vessels at PPAP, up 29.7 percent from the same period last year.

PPAP is one of five companies publicly traded in the Kingdom. Last year, the company’s net profit margin rose by more than 39 percent.