Port operations helped boost International Container Terminal Services, Inc.\u2019s (ICTSI) revenues in the first nine months of 2025 to USD2.34 billion, up 16 percent on an annual basis.<\/p>\n
In a disclosure with the Philippine Stock Exchange (PSE) Thursday, ICTSI said net income attributable to equity holders during the nine-period period reached USD751.56 million, which it traced to \u201cfocus on prudential financial management and delivering value for our shareholders.\u201d<\/p>\n
\u201cICTSI\u2019s excellent performance in the first nine months of 2025 is a testament to the strength of our global operations and the disciplined execution of our strategy,\u201d ICTSI Chair and President Enrique Razon Jr. said.<\/p>\n
The disclosure said profitability, as measured by Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), rose 17 percent to USD1.54 billion due to \u201cgrowth across all key metrics.\u201d<\/p>\n
It said port operations as of the end of September this year rose 20 percent to USD827.74 million.<\/p>\n
Consolidated volume during the period reached 10,687,128 twenty-foot equivalent units (TEUs), up 11 percent compared to the 9,604,127 TEUs in end-September 2024.<\/p>\n
It attributed this improvement to better trade activities across all regions.<\/p>\n
\u201cExcluding the impact of new operations in Iloilo, Philippines and Batam, Indonesia; and the discontinued operations in Jakarta, Indonesia, the Group’s consolidated volume would still have been up 11 percent,\u201d the company said.<\/p>\n
\u201cICTSI\u2019s diversified portfolio has enabled us to capture opportunities in dynamic markets, with consolidated volume up 11 percent to 10.69 million TEUs. This growth, alongside a 16 percent increase in revenue from port operations, demonstrates the resilience of our business and operational excellence,\u201d Razon added. (PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"
Cost-efficiency programs and new logistics partnerships also helped improve profitability and supply chain performance.<\/p>\n","protected":false},"author":73,"featured_media":261482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19565],"tags":[],"class_list":["post-261481","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-today"],"zyndk8_nxtgen_metadata":{"nxtgen_comments":[{"5704":"philippines represent \ud83c\udf0f\ud83c\uddf5\ud83c\udded\r","5705":"steady growth \ud83d\udcb9\ud83d\udd25\r"}]},"_links":{"self":[{"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/posts\/261481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/users\/73"}],"replies":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/comments?post=261481"}],"version-history":[{"count":0,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/posts\/261481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/media\/261482"}],"wp:attachment":[{"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/media?parent=261481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/categories?post=261481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uptownmanila.com\/wp-json\/wp\/v2\/tags?post=261481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}