Bintulu Port FY2022 revenue rises to RM791.26 mln
1 March 2023
Port Holdings Bhd’s net profit for the financial year ended Dec 31, 2022
(FY2022) fell to RM127.72 million from RM363.19 million a year ago.
however, rose by 8.63 per cent to RM791.26 million from RM728.39 million
previously contributed by higher revenue from port’s services at Bintulu Port,
Samalaju Industrial Port and bulking facilities, the company said in a filing
with Bursa Malaysia yesterday.
said revenue generated from port’s services at Bintulu Port increased to
RM582.35 million from RM548.12 million during the twelve months of the
preceding year and Samalaju Industrial Port generated RM164.24 million revenue
compared with RM136.90 million of revenue generated in FY2021.
it said the revenue from bulking facilities inched up to RM44.67 million from
RM43.37 million previously.
Port said pre-tax profit jumped 40.9 per cent to RM178.01 million from RM126.32
million in FY2021 contributed by higher revenue generated from liquefied
natural gas (LNG) cargo, palm oil and Samalaju cargoes.
prospects, Bintulu Port said it remained positive and expected growth from the
handling of Samalaju cargoes as well as palm oil and other project cargoes in
cargo volume will remain neutral in year 2023 and is the main revenue
contributor to the group,” it said.
Port has recommended a fourth interim single-tier dividend of three sen per
share amounting to RM13.80 million, to be paid on April 13, 2023. – BERNAMA
Source : https://www.newsarawaktribune.com.my/bintulu-port-fy2022-revenue-rises-to-rm791-26-mln/