Independent journal on economy and transport policy
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In the first three months of the 2012 terminal of 1.338.316 ICTSI they have enlivened container (+14.2%)
the group has closed the period with a profit clearly of 36,0 million dollars (+28.5%)
May 10, 2012
In the first trimester of this year the terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) has totaled a profit clearly of 36,0 million dollars, with an increment of 28.5% regarding 28,0 million dollars in the correspondent period of 2011. The revenues are increased of 13.1% to 182,6 million dollars, of which 173,8 million dollars generated from the harbour activities of group (+12.2%), while the costs have grown of 7.8% to 131,1 million dollars. The EBITDA is piled to 76,7 million dollars (+7.7%) and the profit before taxes to 51,5 million dollars (+29.3%).
In the first three months of the 2012 harbour terminal of the group they have enlivened a traffic of the container pairs to 1.338.316 teu, with a progression of 14.2% regarding 1.171.969 teu in the first trimester last year.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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