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24 March 2019 The on-line newspaper devoted to the world of transports 22:50 GMT+1



March 7, 2019

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Terminalista ICTSI records turned out financial and operating records

In the 2018 terminal of the group they have enlivened than 9,7 million container (+6.4% more)

The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) has archived item the exercise anniversary 2018 with economic results record and a volume of containerized trade enlivened from the harbour terminals of the group never reached previously, new historical, advanced records to those precedence achieved in 2017, that they are culminated in the most elevated performance quarterly operating financial institutions and never recorded by the company that are obtained in the fourth trimester of 2018.

In entire the 2018 revenues generated from the harbour activities they are piled to 1,38 billion dollars, with an increase of +11.4% on the exercise anniversary precedence. Al clearly of the volume of transactions generated from the new terminals that recently have entered to take part of the Network of the group, that is the Motukea International Terminal (MIT) of the port of Moresby and the South Pacific International Container Terminal (SPICT) in the port of Lae in New Guinea and Victoria International Container Terminal of the port of Melbourne in Australia, the increment of the revenues of 2018 approximately turns out pairs to +7%. The EBITDA has been pairs to 642,2 million dollars (+11.1%) and the profit clearly to 249,8 million dollars (+20.3%). Last year the terminals of the group have enlivened a containerized trade pairs to beyond 9,7 million teu (+6.4%).

In the solo fourth trimester of the 2018 revenues they have been attested to 380,1 million dollars, with an increase of +16.5% on the same period of the year precedence. The EBITDA has been of 180,1 million dollars (+25.8%) and the profit clearly of 75,6 million dollars (+90.9%). In the period October-December last year the containerized trade enlivened from the terminals has been pairs almost 2,6 million teu (+11.5%).


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