ISLAMABAD: Federal Minister for Maritime Affairs Ali Zaidi has announced that the Port Qasim Authority (PQA) has undergone increase in its net profits to Rs19.76 billion which is a 29 percent rise during the financial year 2020-21.

In his tweet on Tuesday, the Minister said that expenditures of the seaport have dropped by 2.18 percent, whereas, PQA also paid taxes of Rs8-billion which shows the professionalism of a state-owned enterprise.