Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia Post registers more than $13.3 million in revenue last year

Cambodia Post registers more than $13.3 million in revenue last year

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Cambodia Post CEO Ok Bora speaks at the company’s 2018 annual review and 2019 plan implementation on Thursday. Heng Chivoan

Cambodia Post registers more than $13.3 million in revenue last year

State-owned enterprise Cambodia Post generated more than $13.3 million in revenue last year, a major increase from $2.16 million in 2010, according to Cambodia Post CEO Ok Bora.

Speaking at the company’s 2018 annual review and 2019 plan implementation on Thursday, Bora said that after converting to a publicly-owned enterprise in 2011, Cambodia Post has seen its revenue steadily increase year-on-year.

According to Bora, the company earned more than $1.13million in pre-tax profits last year.

Cambodia Post also invests in Cambodia Post Bank, which has registered some $36.52 million in profits since it was launched in 2013. In 2018 alone, the bank registered profits of $13.81milion.

Canadia Bank is Cambodia Post Bank’s majority shareholder at 50 per cent, followed by Fullerton Bank (45 per cent) and Cambodia Post (5 per cent).

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