Independent journal on economy and transport policy
08:07 GMT+1
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In the first quarter, ICTSI's port terminals handled 1.5 million containers, or 1.2%
In Asia, traffic decreased by -2.6%
May 7, 2020
In the first three months of this year, ICTSI reported revenues of 385.8 million dollars (-2.1%), of which 375.8 million dollars port activities (-2.1%). EBITDA is 212.1 million dollars (-4.7%), operating profit at 156.4 million dollars (-5.3%) net profit at 68.8 million dollars (-15.5%).
The President of ICTSI, Enrique K. Razon, explained that the impact of the pandemic was felt in the last part first quarter. About the volume of traffic handled, Razon "The different areas of the world are crossing different stages of the viral epidemic, and this, he noted, reflects on the performance of our portfolio: in Asia lower volumes than the previous year, Americas and EMEA sectors in the quarter positive volume growth. However - specified Razon -- in March the last two areas showed signs of weakening.'
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In the first three months of this year, ICTSI reported revenues of 385.8 million dollars (-2.1%), of which 375.8 million dollars port activities (-2.1%). EBITDA is 212.1 million dollars (-4.7%), operating profit at 156.4 million dollars (-5.3%) net profit at 68.8 million dollars (-15.5%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
