ICTSI first half net income hits record $420 million | ABS-CBN
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ICTSI first half net income hits record $420 million
ICTSI first half net income hits record $420 million
ABS-CBN News
Published Aug 12, 2024 04:59 PM PHT
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International Container Services, Inc. (ICTSI) port and terminal in Manila.
International Container Services, Inc. (ICTSI) port and terminal in Manila.MANILA -- International Container Terminal Services Inc. (ICTSI) is reporting strong earnings in the first half of 2024 on the improved performance of its terminals.
MANILA -- International Container Terminal Services Inc. (ICTSI) is reporting strong earnings in the first half of 2024 on the improved performance of its terminals.
ICTSI said first half net income was at a record high of $420.5 million, up 34 percent from numbers in the same period of 2023. Revenue was also higher at $1.32 billion, up 13 percent, ICTSI said.
ICTSI said first half net income was at a record high of $420.5 million, up 34 percent from numbers in the same period of 2023. Revenue was also higher at $1.32 billion, up 13 percent, ICTSI said.
ICTSI also said that Capital expenditures reached $185.72 million for the first six months of 2024, for expanding in Mexico, Brazil, the Philippines, Democratic Republic of Congo, and Indonesia.
ICTSI also said that Capital expenditures reached $185.72 million for the first six months of 2024, for expanding in Mexico, Brazil, the Philippines, Democratic Republic of Congo, and Indonesia.
ICTSI is a global operator of container terminals with footprints in 6 continents.
ICTSI is a global operator of container terminals with footprints in 6 continents.
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