The Fourth Quarterly Report 2023 (Unofficial Translation)

       In the Fourth Quarter of 2023, PPWSA generated revenues amounting to KHR104,892,531,000 increased by KHR12,626,066,000 or 13.68% quarter on quarter and profit for the financial period amounting to KHR35,194,084,000 increased by KHR13,103,479,000 or 59.32% quarter on quarter. For the twelve-months period ended 31 December 2023, PPWSA generated revenues amounting to KHR392,054,365,000 increased by KHR44,770,509,000 or 12.89% quarter on quarter and profit for the financial period amounting to KHR126,609,582,000 increased by KHR18,423,717,000 or 17.03% quarter on quarter. As at 31 December 2023, PPWSA had total assets of KHR3,159,060,323,000 increased by KHR474,924,448,000 or 17.69% and total equity of KHR1,394,517,471,000 increased by KHR122,304,424,000 or 9.61%.

1. Liquidity ratios:
     1.1 Current ratio:2.67 times
     1.2 Quick ratio:1.45 times
2. Profitability ratios:
     2.1 Return on assets:1.14 %
     2.2 Return on equity:2.56 %
     2.3 Gross profit margin:37.39 %
     2.4 Profit margin:33.55 %
     2.5 Earnings per share:KHR 404.65
3. Interest coverage ratio:44.98 times

In the first quarter of 2024, PPWSA plans to produce 75,206,950m3 of clean water, expand 147,100 meters of additional distribution network, and total revenues of KHR111,698,845,000 with total expenses of KHR67,107,916,000 as approved by the board and the two parent ministries.

PPWSA please refer to below justification for the reclassification in presentation that change in the fourth quarter of 2022 as follow:
In the current quarter (Q4 2023), the unrealised foreign exchange gain and unrealised foreign exchange loss on borrowings have been excluded from finance income and finance cost, respectively, and presented as "Foreign exchange gain/loss - net" in the Statement of Profit or loss, which is different from the presentation in Q4 2022 report wherein those unrealised foreign exchange gain and loss was included in the Finance income and Finance cost, respectively. Thus, for the comparative purpose, the unrealised foreign exchange gain/loss was amended to be presented in net amount in the foreign exchange gain/loss to conform to the current period presentation. The change in the presentation is to comply with the appropriate accounting standard CIAS 23: Borrowing cost, which resulted in the change in the comparative figures previously presented, as disclosed in Note 18 in the Condensed Financial Information. The Q4 2022 report will not be reissued since the amount was deemed to be immaterial.

Please read full the 4th quarterly report of 2023 by downloading as below:
PPWSA 4th Quarterly Report 2023 (Khmer)
PPWSA 4th Quarterly Report 2023 (English)


















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