Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
PSA reports 25% drop in 2024 profit on higher costs
The Straits Times
|March 29, 2025
This comes even as the firm moves record number of containers at its ports worldwide
Earnings at PSA International plunged in 2024 despite the firm moving record numbers of containers at its ports in Singapore and overseas.
Net profit for the 12 months to Dec 31, 2024, came in at $1.095 billion, down 25.2 per cent from $1.463 billion in 2023, due to higher operating costs and non-cash impairments to account for a weaker economic outlook.
The port operator racked up revenue of $7.7 billion, 8.9 per cent higher than the previous year's $7.1 billion, thanks to a record number of containers moved worldwide and higher demand from its supply chain businesses.
Denne historien er fra March 29, 2025-utgaven av The Straits Times.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Straits Times
The Straits Times
MAIA WELCOMES MAIDEN KOREAN GROUP WIN ABOARD MUNHAK BOY
Ex-Kranji-based Brazilian hoop lands the Kookje Shinmun Cup
3 mins
October 28, 2025
The Straits Times
Chinese H-6K bombers fly near Taiwan ahead of Trump-Xi meet
A group of Chinese H-6K bombers recently flew near Taiwan to practise “confrontation drills”, Chinese state media reported late on Oct 26, publicising the action just a few days before the US and Chinese presidents are due to meet in South Korea.
2 mins
October 28, 2025
The Straits Times
Kohli, 36, fights an age-old battle: Talent v time
This is an old story. A story about talent, longevity and defiance. A story about how, for all the shining confidence of champions, time humbles them all. A story which starts by clarifying an untruth.
3 mins
October 28, 2025
The Straits Times
'MASSIVE WIN' MOST VALUABLE FOR ARTETA
Gunners overcome difficulty of beating Palace while on a tough stretch of games
3 mins
October 28, 2025
The Straits Times
IT'S ONE WEEKEND AT A TIME: NORRIS
Relaxed Briton to focus on himself as he leads by 1 pt from Piastri, with 4 races left
3 mins
October 28, 2025
The Straits Times
The 'sleeper issue' at the heart of Trump's trade war
How his govt decides the origin of goods could blow up laboriously negotiated deals
4 mins
October 28, 2025
The Straits Times
Not another work e-mail with exclamation marks!
It turns out there is less to worry about than you might think.
3 mins
October 28, 2025
The Straits Times
Anti-scam probe • S’pore firm sanctioned
Khoon Group, a Singapore investment holdings firm, has been sanctioned by the US Treasury’s Office of Foreign Assets Control over its links to Cambodian national Chen Zhi.
1 min
October 28, 2025
The Straits Times
Trump strikes deals on trade, critical minerals in S-E Asia
The United States signed a flurry of deals on trade and critical minerals with four Southeast Asian partners on Oct 26, looking to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.
2 mins
October 28, 2025
The Straits Times
S'pore, HK stand tall as prime hubs in Asia for family offices
Financial infrastructure, regulatory clarity part of cities' appeal amid geopolitical shifts
3 mins
October 28, 2025
Listen
Translate
Change font size