Cambodia Post revenues dropped 46 percent in 2020

Revenue at state-owned enterprise Cambodia Post (CP) fell around 46 percent in 2020, reaching only $6.5 million because of the impact of the COVID-19 pandemic, said its senior official.
During a memorandum of understanding (MoU) signing ceremony between Cambodia Post, Logistic Business Association (LOBA) and Super Apps Technology yesterday, Cambodia Post Director-General Ork Bora said the postal service’s revenue dropped to $6.5 million in 2020 from the $13 million generated in 2019.
He noted that from March to July of 2020, parcel and mail services to the international market were completely