Independent journal on economy and transport policy
07:37 GMT+1
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Decided attenuation of the trend of increase of the traffic of the container enlivened from ICTSI
In the third trimester the terminals of the group have enlivened 1,4 million teu (+1.9%)
November 8, 2012
After to be returned in according to trimester of this year to a single figure after nine consecutive trimesters of percentages to two figures, in the third trimester of the 2012 trend of increase of the containerized trade enlivened from the terminals of the Philippine group International Container Terminal Services, Inc. (ICTSI) ulteriorly has been contracted: in the period, in fact, the terminals have totaled a traffic 1.386.107 pairs to container teu, with a progression of 1.9% regarding 1.360.063 teu enlivened in the period July-september of 2011. A that, rate of growth of the last trimester, that it is still more meager, and pair at less than +1% regarding the third trimester last year, if the traffics enlivened from the new acquired terminals from the group are not included.
In the first nine months of the 2012 terminal of ICTSI they have enlivened altogether 4.083.842 teu, with an increment of 6.2% regarding 3.844.040 teu in the period January-september last year.
Sul forehead of the economic results, ICTSI has closed the third trimester of 2012 with a profit clearly of 35,7 million dollars on revenues for 182,5 million dollars, with bendings respective of 12.1% and the 1.7% on the correspondent period last year. The single revenues generated from the harbour activities are piled to 179,7 million dollars (+4.6%). The EBITDA has been attested to 76,6 million dollars (+6.5%).
In the period January-september of this year the group has recorded a profit clearly of 106,7 million dollars and an EBITDA of 225,7 million dollars on revenues for 540,4 million dollars, with increases respective of 5.0%, 4.9% and 4.2% on the same period of 2011.
While ICTSI, through the society integrally controlled ICTSI Mauritius Ltd. , an agreement with Jahangir Siddiqui & Co has signed. Ltd. in order to acquire ulterior 7.233.847 it sets in action of Pakistan International Container Terminal (PICT), pairs to 6.627% of the capital stock of the society. The transaction, that it will be concluded in the next few days, will allow with ICTSI approximately to increase own quota in PICT to 41.6%. At the beginning of this year the Philippine group has expressed intention the intention to elevate own participation in PICT until a maximum of 55%. PICT work a container terminal in the port of Karachi that has a annual ability to traffic pairs to 750.000 teu.
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