Listing of Phnom Penh Water Supply Authority
Profile
Phnom Penh Water Supply Authority was listed on the Cambodia Securities Exchange on 18 April 2012.
Phnom Penh Water Supply Authority (PPWSA) is the first Public Enterprise listed on the Cambodia Securities Exchange, issuing ordinary shares of 13,045,975 shares equivalent to 15% of its total ordinary shares.
PPWSA has committed to continue to grow its water supply services in sustainable manner and act as a consultant as facilitator for people who are living in towns, provinces, and the cities throughout the Kingdom of Cambodia and residents in the developing countries of the world, there is access to clean water.
PPWSA mission is keep supplying of clean water for 24 hours a day and 7 days a week with sufficient pressure and at a reasonable price to the people in Phnom Penh and the town of Kandal province adjacent to Phnom Penh, and low-income residents. In addition, PPWSA has been sharing its work experiences to a number of provincial and municipal water utilities in the Kingdom of Cambodia, as well as regional and global water to achieve the Cambodia’s Sustainable Development Goals (CSDGs).
For more information, please visit www.ppwsa.com.kh.
Company
About Phnom Penh Water Supply Authority
In 2023, PPWSA produced treated water of 279,053,651m3 in compliance with the World Health Organization (WHO) standards and expanded the water distribution networks to 4,722km to supply water to its customers with 478,141 connections.
In 2023, PPWSA generated revenues amounting to KHR392,054,365,000 increased by KHR 44,770,509,000 or 12.29% year-on-year and net profit for the financial year amounting to KHR 126,609,582,000 increased by KHR18,423,717,000 or 17.03% year-on-year. As at 31 December 2023, PPWSA had the total asset of KHR3,159,060,323,000 increased by KHR474,924,448,000 or 17.69% and the total equity of KHR1,394,517,471,000 increased by KHR122,304,424,000 or 9.61%.
Board of Directors
| Board of Directors (As of 31 December 2021) | Title |
|---|---|
| 1. H.E. Sim Sitha | Chairman (Secretary of State Ministry of Industry Science Technology and Innovation) |
| 2. H.E. Mey Vann | Member (Secretary of State, Ministry of Economy and Finance) |
| 3. H.E. Long Naro | Member (Director General of PPWSA) |
| 4. H.E. Nuon Pharat | Member (Deputy Governor of the Board of Governors of Phnom Penh) |
| 5. Mr. Ma Noravin | Member (Representative of PPWSA's employees) |
| 6. Mr. Nam Channtry | Member (Non-Executive Director Representing Private Shareholder) |
| 7. Mr. Sreng Samork | Member (Independent Director) |
Substantial Shareholders
| Shareholder | Nationality | Number of Shares | % of Shares |
|---|---|---|---|
| The State represented by the Ministry of Economy and Finance | Khmer | 73,927,187 | 85.00% |
| Total | - | 73,927,187 | 85.00% |
Dividend Policy
After approving the accounting, if having profit, the Board of Directors of the PPWSA may decide to transfer money for:
1) Settlement of loss of the previous year;
2) After settlement of loss of the previous year, if there is still any profit left, the board of Directors may use the profit for:
a) Giving allocation to Management and employees as follows:
- In case the profit is from 5% to 10% of total annual operational expenses of the PPWSA, the allocation shall be equal to 01 month of net salary to management and each employee.
- In case the profit is from 10% to 20% of total annual operational expenses of the PPWSA, the allocation shall be equal to 02 months of net salary to management and each employee.
- In case the profit is more than 20% of total annual operational expenses of the PPWSA, the allocation shall be equal to 03 months of net salary to management and each employee.
b) 2% of retirement benefit for the professional disabilities.
c) Creating mandatory reserve: 5%
d) Creating voluntary reserve: 5%
e) 5% for social fund shall be recorded as expenses in the year of transaction.
3) After the above allocation, the remaining profits shall be:
a) Kept for investment reserve as approved by the Board of Directors.
b) The remainder of the investment reserve shall be distributed 85% to the Ministry of Economy and Finance and 15% to shareholders who are public investors.
Listing Information
| Company Name | Phnom Penh Water Supply Authority |
|---|---|
| Symbol | PWSA |
| ISIN Code | KH1000010004 |
| Industry | Water Utility |
| Type of Listed Share | Common Shares |
| Listed Shares | 86,973,162 |
| Listing Date | 18 April 2012 |
| Inception Year | 1895 |
| Number of Staff | 1,370 |
| Underwriter | TONGYANG Securities (Cambodia)Plc.Now, Yuanta Securities (Cambodia) Plc. |
| First Trading Date | Wed, Apr 18, 2012 |
| IPO Price | 6,300 |
| Par Value | 1,000 |
| Newly Issued Shares | 13,045,975 |
| First Closing Price | 9,300 |
Trading Data Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Market Capitalization | 551,410 | 553,149 | 633,165 | 657,517 | 622,728 |
| Last Price | 6,340 | 6,360 | 7,280 | 7,560 | 7,160 |
| Average Price | 6,280.83 | 6,894.00 | 7,558.08 | 7,451.76 | 6,828.43 |
| High | 6,580 | 7,440 | 8,060 | 7,860 | 8,240 |
| Low | 6,140 | 6,100 | 7,120 | 7,000 | 5,980 |
| Trading Value per Day | 36.26 | 40.47 | 25.37 | 37.30 | 42.88 |
| Turnover Ratio | 11.29% | 12% | 7.14% | 10.81% | 12.43% |
| P/E | 5.76 | 7.05 | 5.19 | 5.99 | 4.59 |
| P/BV | 0.51 | 0.57 | 0.63 | 0.75 | 0.80 |
| Dividend Yield | 5.21 % | 5.50 % | 4.81 % | 4.37 % | 4.33 % |
| Dividend Payout Ratio | 30.22% | 35.79% | 24.04% | 26.53% | 20.86% |
| Cash Dividend per Share | 330.00 | 350.00 | 350.00 | 330.00 | 310.00 |
| ROE | 6.70 % | 6.42 % | 9.50 % | 8.87 % | 12.03 % |
| ROA | 2.82 % | 2.69 % | 4.33 % | 4.34 % | 6.20 % |
| Debt Ratio | 57.83 % | 58.06 % | 54.36 % | 51.13 % | 48.49 % |
| Current Ratio | 21.68 % | 27.45 % | 285.92 % | 231.76 % | 209.36 % |
Financial Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | 3,446,163.00 | 3,279,165.00 | 3,159,060.00 | 2,684,136.00 | 2,306,806.17 |
| Property, Plant & Equipment | 3,162,986.00 | 2,939,664.00 | 2,494,979.00 | 2,203,041.91 | 1,893,864.62 |
| Current Assets | 274,890.00 | 330,420.00 | 653,618.00 | 469,004.00 | 400,411.28 |
| Inventory | 127,020.00 | 144,236.00 | 318,747.00 | 152,737.00 | 143,731.51 |
| Accounts Receivable | 17,942.00 | 27,538.00 | 27,980.00 | 32,707.00 | 24,875.17 |
| Cash | 24,175.00 | 18,407.00 | 16,117.00 | 56,716.00 | 89,660.00 |
| Total Equity | 1,471,330.00 | 1,365,073.00 | 1,394,517.00 | 1,272,213.00 | 1,166,628.21 |
| Share Capital | 636,602.00 | 620,759.00 | 620,759.00 | 620,759.00 | 619,315.89 |
| Retained Earnings | 94,980.00 | 31,081.00 | 126,610.00 | 108,186.00 | 129,273.92 |
| Total Liabilities | 1,974,834.00 | 1,914,093.00 | 1,764,543.00 | 1,411,923.00 | 1,140,177.96 |
| Current Liabilities | 1,974,834.00 | 1,203,642.00 | 228,605.00 | 202,370.00 | 191,252.65 |
| Accounts Payable | 107,268.00 | 213,224.00 | 179,945.00 | 154,661.00 | 141,969.55 |
| Revenue | 373,277.00 | 347,698.00 | 392,054.00 | 347,284.00 | 369,145.26 |
| EBIT | 130,712.00 | 89,006.00 | 150,263.00 | 129,470.00 | 157,096.30 |
| Net Income | 94,980.00 | 85,043.00 | 126,610.00 | 108,185.86 | 129,273.92 |
| EPS | 1,092.06 | 978.00 | 1,455.73 | 1,244.00 | 1,486.37 |
| Operating Cash Flow | 215,028 | 228036 | (82,656) | 62,232 | 69,297 |
| Investing Cash Flow | (339,384) | (349,542) | (259,034) | (282,593) | (342,859) |
| Financing Cash Flow | 130,124 | 116,824 | 301,091 | 187,418 | 263,511 |
| Net Cash Flow | 5,768 | (4,682) | (40,599) | (32,943) | (10,051) |
| Auditing Firm | BDO (CAMBODIA) LIMITED | BDO (CAMBODIA) LIMITED | Baker Tilly (Cambodia) Co., Ltd. | Baker Tilly (Cambodia) Co., Ltd. | Baker Tilly (Cambodia) Co., Ltd. |
* Data as of the end of 2023 unless otherwise stated.
Disclosures
- 18 August 2026[Disclosure] Second quarterly report 2026 of Phnom Penh Water Supply Authority (Unofficial Translation)
- 14 August 2026[Disclosure] Increase in Revenue (Unofficial Translation)
- 29 July 2026[Disclosure] Press Release on Revision of Some Information of Condensed Interim Financial Statements for the three-month period ended 31 March 2026 and Independent Auditors’ Report on Review of Condensed Interim Financial Statements (Unofficial Translation)
- 16 July 2026[Disclosure] First Quarterly Report of PPWSA in 2026 of Phnom Penh Water Supply Authority (Unofficial Translation)
- 15 July 2026[Disclosure] Increase in Profit / Loss (Unofficial Translation)
- 30 June 2026[Disclosure] Press Release On Mandate Extension Of Head Of Internal Audit Of Phnom Penh Water Supply Authority (Unofficial Translation)
- 12 June 2026[Disclosure] Press Release On The Postponement of The First Quarterly Report for FY2026 of Phnom Penh Water Supply Authority (Unofficial Translation)
- 1 June 2026[Disclosure] Decision on Dividend Distribution (Unofficial Translation)
- 1 June 2026[Disclosure] Press Release on the Minutes of the General Shareholders’ Meeting (Unofficial Translation)
- 19 May 2026[Disclosure] Announcement on the Invitation to Current and Former Directors and Employees, and Legal Beneficiaries of Former Directors and Employees (139 persons), to Participate in a Survey and Confirm their Intention to Accept or Decline Shares of PPWSA during IPO (Unofficial Translation)
Source: Cambodia Securities Exchange (CSX) — csx.com.kh