SCS’ 3Q 2019 results showed a significant deceleration with the growth rate of revenue and net income were 8% YoY and 12% YoY, respectively. For 9M 2019, NPATMI’s growth rate were only 14% YoY, which is much lower compared to NPATMI’s 3Y CAGR in the period 2015-2018 was 45%. The slowdown was mainly attributable to the deceleration in international cargo volume.
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