SINGAPORE (Dec 4): Logistics player Cogent Holdings reported a 4% y-o-y rise in revenue to $35.3 million for 3QFY2017 ended September, but earnings fell 6% to $7.4 million. The group saw better volumes in the container depot management and transport management businesses. However, earnings were affected by higher contract services charges as well as storage and handling costs. Also, depreciation charges rose 33% to $3.2 million as Cogent started accounting for the depreciation of some container depot facilities in May.

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