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World's biggest terminal company in slight setback in 2014

The Singapore port and terminal company PSA, the biggest in the world, experienced a slight decline in profits in 2014 while the revenue grew.

Photo: Ed Wray/AP/POLFOTO/arkiv

Singapore's port company - and the world's biggest terminal operator - PSA International has published an annual report for 2014 that shows a growth in revenue and small decline in profits.

Revenue increased to 3.8 billion S$ (Singapore dollars), around USD 2.7 billion, a 2.9 percent improvement from 3.7 billion S$ in 2013. Profits decreased to 1.402 billion S$, down 1.7 percent from 1.425 billion in 2013.

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