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22 May 2022 The on-line newspaper devoted to the world of transports 18:18 GMT+2

May 5, 2022

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In the first quarter, container traffic in terminals ICTSI ports increased by +4.6%

The revenues of the Filipino group grew by +22.0%

In the first three months of this year the port terminals managed by the Philippine Group International Container Terminal Services, Inc. (ICTSI) have enlivened a container traffic equal to more than 2,8 million teu, with an increase of +4.6% on the first trimester of 2021, of which 1.3 million teu handled by the terminals Asian group (+12.4%), 831 thousand teu from the terminals in the Americas (-4.8%) and 670 thousand teu from terminals in ports in Europe, Middle East and Africa (+3.2%).

In the first quarter of 2022, the group recorded revenues of equal numbers to 545.0 million dollars (+22.0%), of which 528.3 million deriving from port activities (+21.3%). EBITDA amounted to to 337.8 million dollars (+27.6%), the operating profit to 274.6 million (+33.4%) and net profit at 154.8 million dollars (+51,3%).

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