International Container Terminal Services, Inc. (ICTSI) reported a 16% jump in revenues to USD2.34 billion in the first nine months of 2025, driven by strong port operations and sustained global trade activity.
In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, ICTSI said net income attributable to equity holders rose to USD751.56 million, citing its “focus on prudential financial management and delivering value for our shareholders.”
“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,” said ICTSI Chair and President Enrique Razon Jr.
Profitability, measured by Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), climbed 17% to USD1.54 billion due to broad-based growth across key business areas.
Revenues from port operations surged 20% to USD827.74 million, while consolidated volume grew 11% to 10.69 million twenty-foot equivalent units (TEUs) from 9.6 million TEUs in the same period last year.
The company attributed the volume growth to improved trade activities across all regions. Even excluding the impact of new operations in Iloilo, Philippines and Batam, Indonesia, as well as the discontinued operations in Jakarta, ICTSI said consolidated volume would still be up by 11%.
“ICTSI’s diversified portfolio has enabled us to capture opportunities in dynamic markets. This growth, alongside a 16% increase in revenue from port operations, demonstrates the resilience of our business and operational excellence,” Razon added.