PSA International Reports Loss

5 April 2010 (Last Updated April 5th, 2010 18:30)

PSA International has reported a 12.7% fall in revenue to S$3.83bn ($2.7bn), the company said. The Singaporean port operator said its container volume dropped 9.9% to 56.9 million teu in 2009. PSA’s flagship terminal in Singapore registered a container throughput decline of 13

PSA International has reported a 12.7% fall in revenue to S$3.83bn ($2.7bn), the company said.

The Singaporean port operator said its container volume dropped 9.9% to 56.9 million teu in 2009.

PSA’s flagship terminal in Singapore registered a container throughput decline of 13.1% over the previous year which handled 25.1 million teu in 2009.

PSA’s flagship terminal in Singapore handled 25.1 million teu in 2009, registering a container throughput decline of 13.1%.

PSA said its net profit fell by 6.1% to S$976m ($698m).