Financial highlights for 2023 FY

2023 Revenue lower than last year on account of adverse market conditions; impact partially mitigated through cost control measures

• 2023 FY revenue is 4% lower than previous year. General cargo reduced by 18% due to shift of aluminum exports to container and no steel volumes from SULB. Container and Marine revenue has increased by 3% and 2%, respectively vs 2022
• Profit for the year decreased by 9% vs. 2022, mainly driven by drop in revenue. However, adjusting for one off reversals, the profit remained in line on a like for like basis.
• Proactive cost control measures, efficiency drives and optimizing resources reduced cost by 3%.