The state-controlled company booked a net profit of SGD1.42bn ($1.12bn) for the 12 months to 31 December compared to SGD 1.25bn in2012.

Revenue was up by 3.3% to SGD 4.65bn from SGD 4.5bn a yearearlier as container throughput volumes grew 2.9% year-on-year.

As reported earlier this year PSA handled 61.8 million teuat its terminal facilities around the world last year compared to just over 60million teu in 2012.

Domestic