There has been an im­prove­ment in the fi­nan­cial per­for­mance of the Point Lisas In­dus­tri­al Port De­vel­op­ment Cor­po­ra­tion Ltd (Plipde­co) for 2015, with a 6.2 per cent in­crease in through­put in con­tainer­ised car­go, im­proved mar­ket share for do­mes­tic car­go and ad­di­tion­al tran­ship­ment busi­ness.

The an­nu­al re­port, which was post­ed on the T&T Stock Ex­change, showed a ten per cent in­crease in group prof­it be­fore tax, from $7.7 mil­lion in 2014 to $15.9 mil­lion. Group prof­its with the in­clu­sion of fair val­ue gains amount­ed to $87.2 mil­lion.

Group Rev­enue grew by six per cent in 2015 large­ly as a re­sult of the in­crease in con­tainer­ised car­go through­put and the rate re­views for some es­tate ten­ants.

Plipde­co chair­man Ian Ather­ly told share­hold­ers: "Fur­ther analy­sis of the con­tainer­ised through­put showed a 2.5 per cent in­crease in im­ports, a 3.6 per cent in­crease in ex­ports and a fur­ther in­crease in tran­ship­ment of 18 per cent.

"The rev­enue and sub­se­quent prof­its were tem­pered by an over­all re­duc­tion in gen­er­al car­go of three per cent and the ef­fects of salary in­creas­es that came in­to ef­fect from the third quar­ter."