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06 April 2020 The on-line newspaper devoted to the world of transports 16:36 GMT+2

February 28, 2020

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Original news
PSA International closes 2019 with economic results Stable

Net profit was US 1.26 billion Singapore (1.2%)

PSA International filed 2019, the year in which terminals Singapore group's ports have been handling traffic containerized record of 85.2 million teu ( 14 January 2020), with revenues of USD 4.08 billion Singapore (2.9 billion U.S. dollars), with a slight decline in -0.2% on the previous year which - explained the company Asian - is partly due to the deconsolidation of a Branch. Operating profit amounted to 1.72 billion Singapore Dollars (1.6%) net profit at 1.26 billion 1.2%.

PSA International President Peter Voser noted that "1919 was a challenging year and marked protectionism and socio-political tensions. If the global economy has been coping decisively with a slowdown trade, Voser said, "has been resilient. started to decline as the tense relationships between the main trade nations worsened, leading to open conflicts Tariff. The shipping industry has also had to cope strategic decisions and tactical manoeuvres necessary to comply with international sulphur regulations 2020 of the International Maritime Organization.

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