Independent journal on economy and transport policy
18:41 GMT+1
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terminalista group ICTSI records an increase of the traffic and the economic results
In the first trimester of the 2017 they are enlivened 2,3 million container (+10.7%)
May 9, 2017
In the first three months of this year the harbour terminals managed from the Philippine group International Container Terminal Services, Inc. (ICTSI) have enlivened a traffic of the container pairs almost 2,3 million teu, with a progression of +10.7% regarding the first trimester of 2016. The Asian terminals of the group have less enlivened than 1,2 million teu (+9.4%), the terminals in Americas 773 thousand teu (+5.5%) and the terminals in Europe, Middle East and Africa 337 thousand teu (+30.5%).
To the increment of the traffic volume it has made reply an improvement of the economic results. ICTSI has archived item the first trimester of 2017 with revenues pairs to 306 million dollars (+11.1%), of which 297 million dollars deriving from harbour activities (+11.5%). EBITDA and EBIT have recorded increases respective of +20.5% and +26.3% having attested to 147 million and 108 million dollars. The profit clearly is piled to 58 million dollars (+27.8%).
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