​Hong Kong firm places growth on Cambodia | Phnom Penh Post

Hong Kong firm places growth on Cambodia

Business

Publication date
26 August 2016 | 07:30 ICT

Reporter : Post Staff

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Kerry Logistics reported growth in Cambodia and Southeast Asia despite weak overall profits during the first half of the year, the said Hong Kong-based firm.

The company attributed the poor performance to a global downturn in demand for logistic services caused by a weakening Chinese economy.

As the company looks to complete its $60 million Kerry WorldBridge SEZ during the second half of 2016, it anticipates continued growth in Cambodia.

Kerry Logistics reported a 1 per cent growth in profit to $70.6 million for the first half of 2016.

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