ICTSI profit, volume up through 3Q

Thursday, November 08, 2012

The Manila-based global terminal operator ICTSI said Thursday it had operating profit of $225.8 million through the first three quarters of 2012, a 5 percent increase over the same period in 2011. Revenue rose 7 percent to $524.7 million. Net income was up 4 percent year-on-year to $105.8 million. Container volume at ICTSI-operated facilities rose 6 percent to 4.1 million TEUs. “The increase in volume was mainly due to the growth in international and domestic trade, n...

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