Portek net profit quadruples for FY2008
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- FY2008 revenue grows 35.4% to S$138.1 million, with revenue from terminal operations doubling to about $73.1 million
- Net profit attributable to shareholders of S$3.9 million quadrupling from S$1 million from FY2007
- Continual efforts in FY2008 to restructure and streamline operations resulted in additional expenses such as assets impairment and other provisions amounting to about S$3.7 million net of minority interests. These expenses are expected to be non-recurring.