ICTSI sees 100%+ increase in half-year profits

Importer
ICTSIs MICT flagship terminal together with the BCT Gdynia and Tecon Suape terminals generated a 100%+ increase in profits at the half-year

ICTSI has doubled its half-year profits compared to the same period in 2003. The companys international operations in Gdynia, Poland and at Tecon Suape, Brazil made a significant contribution to the result. ICTSI reports that net profits for the first half of 2004 were $8m, up 101% compared with $3,98m in the first half of 2003.