ICTSI increases net profits by 58%


International Container Terminal Services (ICTSI) is a global port management company based in Manila, the Philippines and the Puerto Industrial Aguadulce Operator, based in Buenaventura. Increases USD 142M for the first quarter of 2022 thanks to new activities in Nigeria, additional contracts with shipping lines, and a major general in economic activity. The net profit from the previous year was USD 90 M. The initial increases increased by 21% to USD 528 M, while the EBITDA increased by 28% to USD 338 M, according to Alphaliner.

The consolidated volumes of ICTSI in the quarter will increase by 5% to 2.8 Mteu in the quarter. Increase of 1% in this crime due to the new operations of the company in Nigeria. The multi-terminal One (OMT) terminal of International Container Terminal Services in the Greater Port Harcourt / Onne region of Nigeria opened its ports in May 2021, Alphaliner informs.

Source: Alphaliner

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