Manila: Port operations helped boost International Container Terminal Services, Inc.’s (ICTSI) revenues in the first nine months of 2025 to USD2.34 billion, up 16 percent on an annual basis.

According to Philippines News Agency, in a disclosure with the Philippine Stock Exchange (PSE) Thursday, ICTSI reported that the net income attributable to equity holders during this period reached USD751.56 million. This financial growth has been attributed to a ‘focus on prudential financial management and delivering value for our shareholders.’

Enrique Razon Jr., ICTSI’s Chair and President, remarked, ‘ICTSI’s excellent performance in the first nine months of 2025 is a testament to the strength of our global operations and the disciplined execution of our strategy.’ The company disclosed that its profitability, as measured by Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), rose 17 percent to USD1.54 billion, driven by ‘growth across all key metrics.’

The report further detailed that port operations by the end of September rose 20 percent, reaching USD827.74 million. The consolidated volume during this period hit 10,687,128 twenty-foot equivalent units (TEUs), marking an 11 percent increase compared to the 9,604,127 TEUs recorded by the end of September 2024. ICTSI attributed this improvement to better trade activities across all regions.

The company also noted that excluding the impact of new operations in Iloilo, Philippines, and Batam, Indonesia, along with the discontinued operations in Jakarta, Indonesia, the Group’s consolidated volume would still have risen by 11 percent. Razon further stated, ‘ICTSI’s diversified portfolio has enabled us to capture opportunities in dynamic markets, with consolidated volume up 11 percent to 10.69 million TEUs. This growth, alongside a 16 percent increase in revenue from port operations, demonstrates the resilience of our business and operational excellence.’