Singapore ports company PSA International has emerged from a turbulent 2016 with a "creditable" result, it said on Thursday.

Net profit was down 7.5% at SGD 1.17bn ($836m), but volumes rose 5.5% to 67.63m teu.

The flagship Singapore Terminals unit contributed 30.59m teu, while overseas operations handled 37.04m, up 10.6%.

Revenue increased 3% to SGD 3.68bn, with operating earnings down 5.4% partly due to higher depreciation.

CEO