12 April 2013

2012 Cambodia Post Revenue Rose By 8.1%

Cambodia Post announced that there was a 8.1% revenue increase year-on-year in 2012.

Ork Bora, Director-General of Cambodia Post, confirmed in the annual general meeting held on the day before (10th April) that the now semi-autonomous company enjoyed more than 4.05 million USD revenues last year, compared with 3.75 million in 2011. 

Bora reviewed that Phnom Penh has generated 2.93 million USD while the 23 provinces added 1.12 million USD.  Total expenditure of the year was 3.85 million USD.

“We received good business performances in the two years since our transformation be­­cause we upgraded and bettered our services and coverage in order to compete with some 20 other private companies .... we also increased the number of deliveries locally and abroad.” Bora said in another occasion.

Cambodia Post was a state owned national postal company until January 2011 when it was privatized.  After privatization Cambodia Post recorded a 60% jump of revenue in 2011.

(info sources: Phnom Penh Post, Cambodia Daily, Cambodia Sinchew Daily, Jianhua Daily)