Independent journal on economy and transport policy
19:41 GMT+2
Penang Port turns around to make profit of RM29.8m
(Business Times - Malaysia)
September 26, 2000
By Jimmy Yeow
PENANG Port Sdn Bhd (PPSB) has returned to profitability with a group pre-tax profit of RM29.83 million on the back of RM174.87 million turnover for the financial year ended December 31, 1999 from a loss of RM8.13 million and turnover of RM163.20 million previously. Profit after tax was RM23.51 million compared with a loss of RM8.79 million ...... Read more on Business Times - Malaysia
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