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.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook