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PSA's 2018 profit dips 2.3% to S$1.2b on higher depreciation, finance costs

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Anita Gabriel

Anita Gabriel

Published Fri, Mar 22, 2019 · 09:50 PM

Singapore

PORT and terminal operator PSA International's net profit dipped 2.3 per cent to S$1.2 billion in 2018, owing to higher depreciation and finance costs.

PSA, one of the world's largest container operators, saw revenue for the year ended December 2018 jump 3 per cent to S$4.09 billion.

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