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For the reporting period, the group’s revenue came in 50.3% y-o-y lower at $185.4 million, down from the $373.2 million ...
The group reported a higher revenue for the 1QFY2025 of $358.4 million, up 33.4% y-o-y and operating profit grew to $5.1 million.
This is attributed to the wider “cost divergence” between Singapore and Malaysia after the Covid-19 pandemic, among other reasons.
The container throughput in Shenzhen China increased by 12.7% y-o-y in 2025 primarily driven by the increase in laden export, inbound empty and transshipment cargoes.
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