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PSA full-year profit up 5.1% to S$1.23 billion

Results helped by stronger economic growth in many countries and consolidation of container line shipping

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PSA International group CEO Tan Chong Meng said global container throughput in 2017 had its strongest showing since 2011.

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PSA International group CEO Tan Chong Meng said global container throughput in 2017 had its strongest showing since 2011.

Singapore

PORT and terminal operator PSA International posted a 5.1 per cent rise in full-year net profit to S$1.23 billion on higher revenue and container throughput at its terminals worldwide.

Revenue for the year ended Dec 31, 2017, was 7.8 per cent higher at S$3.97 billion....

sentifi.com

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