Psa Financial Relaese

PSA external

NEWS RELEASE

4 March 2011

PSA INTERNATIONAL PTE LTD AND ITS SUBSIDIARIES RESULTS FOR THE YEAR ENDED 31 DECEMBER 2010
FINANCIAL HIGHLIGHTS For the twelvemonth ended 31 December 2010 (S$ one thousand thousand) Revenue Other Income Expenses wampum from Ope symmetryns Finance Costs Profit Before gross Income Tax Expense straighten out Profit for the year (after Tax) Non-controlling Interests Net Profit for the year
* Not Meaningful

2010 4,076 342 (2,689) 1,730 (340) 1,389 (191) 1,198 (19) 1,179

2009 3,835 327 (2,711) 1,451 (342) 1,109 (145) 964 12 976

Growth % 6.3% 4.7% (0.8%) 19.2% (0.6%) 25.3% 31.8% 24.3% NM* 20.8%

round off of Results ? In line with the ball-shaped economic recovery and better performance of the container shipping industry, PSA posted a throughput enlarge of 14.4% in 2010 over a relatively low unspiritual in the previous year. The total PSA Group intensity from port projects around the world totalled a demo 65.12 million TEUs (Twentyfoot Equivalent Units). The PSA flagship in Singapore handled 27.68 million TEUs and registered process of 10.1% to secure Singapores position as the snatch largest container port in the world. PSA terminals outside of Singapore record combined multitudes of 37.44 million TEUs over the same period, 17.8% stronger than in 2009, on the back of improving world economies.



In tandem with volume growth, PSA Group revenue rose to S$4.08 one thousand thousand while net profit grew by 20.8% to S$1.18 billion, make possible by more favourable business conditions and wise to(p) cost management.

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PSAs balance winding-clothes remains strong with a gross debt equity ratio of 0.93 times at the close of 2010.

The world economies were greeted with caution and suspense as they entered 2010 but in the course of the year the global economic recovery and growth in trade flows sour out to be much stronger than expected. Our customers have performed

exceedingly surface and their stellar output helped PSA achieve a record Group...If you want to get a full essay, order it on our website: Orderessay



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