Revenue up 10% at ICTS in Q2 2023

1440x1406 Manila International Container Terminal 05

International Container Terminal Service has reported revenue from port operations in Q2 2023 of US$1.16 billion, an increase of 10% compared to the first six months of 2022

EBITDA was up 8% at US$728.88 million and net income attributable to equity holders rose 7% to US$313.80 million, primarily owing to higher operating income and interest income, and lower Covid-19 related expenses.

Throughput grew 9% to 6.28 million teu with organic volume up 1%. Diluted earnings per share increased 9% to US$0.147.

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