Revenues up at Teesport operator despite drop in cargoes

Revenues up at Teesport operator despite drop in cargoes

Teesport owner and operator PD Ports has announced an increase in revenue in its most recent accounts, but warned that it could be affected by the coronavirus outbreak.

PD Ports’ accounts for 2019 show that revenue rose from £149m a year earlier to £158.2m, though operating profit fell slightly from £30.6m to £30.4m.

The company said total volumes of imports and exports fell by 3% from the year…

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