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PSA International's 2014 profit dips

Higher operating cash costs and depreciation; revenue up 2.9%; record 65.44m TEUs handled


PSA International posted a 1.7 per cent year-on-year slide in net profit to S$1.4 billion for 2014, even as revenue climbed 2.9 per cent to S$3.83 billion. Meanwhile, profit from operations dipped 1.1 per cent to S$1.88 billion due to higher operating cash costs and depreciation...

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