Independent journal on economy and transport policy
21:12 GMT+1
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The harbour terminals of ICTSI have enlivened a quarterly traffic container record
The Philippine company has closed the first three months of 2018 with a profit clearly to 50,9 million dollars (- 11.6%)
May 9, 2018
In the first trimester of this year the harbour terminals managed from the Philippine group International Container Services Inc. Terminal (ICTSI) have enlivened a containerized trade record pairs to beyond 2,3 million teu, with an increment of +2.3% on the first trimester of the 2017 and with an increase of +0.4% compared to the previous record established in the fourth trimester last year. The new quarterly maximum peak of traffic is achieved thanks to the acquisition of terminalistiche activities. Al clearly of such new activities the traffic enlivened in the first trimester of 2018 turns out analogous to that recorded in the same period last year.
The new quarterly record is marked thanks to the record of traffic enlivened in the Asian terminals of the group that has been pairs to beyond 1,2 million teu, with a rise of +6.8% on the first three months of 2017. In the first trimester of this year the terminals of ICTSI in the Americas have enlivened 967 thousand teu (- 9.8%) and the terminals in Europe, Middle East and Africa 387 thousand teu (+14.9%).
ICTSI has archived item the first trimester of this year with revenues pairs to 334,8 million dollars (+9.3% on the first trimester 2016), of which 325,4 million dollars generated from harbour activities (+9.5%). The EBITDA is piled to 147,8 million dollars (+0.5%), the operating profit to 100,5 million dollars (- 7.0%) and the profit clearly to 50,9 million dollars (- 11.6%).
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