Independent journal on economy and transport policy
21:12 GMT+1
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PSA International archivia 2011 with a decrease of 3.7% of the result clearly
The volume of transactions is increased of 5.8%
March 30, 2012
Terminalista group PSA International of Singapore has closed 2011 with a profit clearly of 1.135 million dollars of Singapore (USA 903 million dollars), down of 3.7% regarding 1.179 million dollars of Singapore in the year precedence. The revenues are piled to 4.314 million dollars of Singapore, with an increase of 5.8% that correspondent to the increment of the traffic of the container enlivened last year from the terminals of the group, attesting to 57,09 million teu (of which 29,37 million teu in the single port of Singapore) ( on 13 January 2012). The operating profit has been of 1.724 million dollars of Singapore (- 0.4%).
Speaking about the future, the president of PSA International, Fock Siew Wah, have said that "entering in 2012, the possibility of another recession cannot be excluded neither can be it its impact negative on the remainder of the world. In the light of this uncertainty - it has explained - PSA has strengthened its financial data to the aim of being positioned best in order to face the challenges that will be introduced in future".
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