Home News Company in the news

PSA International reports 6.2% lower FY20 earnings of $1.17 bil on lower income and higher other operating expenses

Felicia Tan
Felicia Tan3/19/2021 06:11 PM GMT+08  • 2 min read
PSA International reports 6.2% lower FY20 earnings of $1.17 bil on lower income and higher other operating expenses
Revenue for the FY2020 grew 2.5% y-o-y to $4.18 billion on higher throughput and business acquisitions.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

PSA International has reported earnings of $1.17 billion for the FY2020 ended December, 6.2% lower than earnings of $1.25 billion in FY2019, due to lower income and other operating expenses.

During the year, PSA International handled 1.7% more 86.6 million twenty-foot equivalent units (TEUs) y-o-y. The group also contributed 36.6 million TEUs, representing a 0.9% drop y-o-y.

PSA terminals outside Singapore delivered a total throughput of 50 million TEUs, up 3.7% y-o-y.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.