The following release was published by PSA International:
Review of Results
• PSA International Pte Ltd (PSA) handled 81.00 million Twenty-foot Equivalent Units
(TEUs) for the year ended 31 December 2018, representing an increase of 9.1% from the
previous year.
• PSA’s flagship terminals in Singapore contributed 36.31 million TEUs, increasing 8.9%
over 2017. PSA terminals outside Singapore delivered a total throughput of 44.69 million
TEUs, increasing 9.3% over 2017.
• PSA Group revenue rose 3.0% and profit from operations was at the same level as the
previous year. Overall net profit for the year was 2.3% lower at $1.20 billion partly due to
higher depreciation.
• PSA’s balance sheet remains strong with a gross debt equity ratio of 0.48 times at the
close of 2018.
Source: PSA International (JK)
Source: PSA International