PSA International recorded a bounce in both revenues and volumes last year – but not enough to prevent a post-tax profit drop.
The port operator handled 81m teu over the 12-month period, up just shy of 10% on 2017, with its Singapore terminals responsible for more than a third (36m teu, up 8.9%).
This in turn generated some $4bn in revenue (up 3%), but post-tax net profit fell 2.3% from $1.23bn to …
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Source: The Loadstar