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PSA Int'l 2016 net profit falls 7.5%; revenue up 3%

Singapore

PSA International posted a 7.5 per cent decline in full-year net profit to S$1.17 billion, partly due to higher depreciation.

This is despite higher revenue of S$3.68 billion for the year ended Dec 31, 2016, up 3 per cent, supported by an increase in volume of containers

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