The International Container Terminal Services (ICTSI) reported strong economic and operational results for the first quarter of 2025, and sends solid profits to key criteria and record revenue.
The port and operator of the terminal based in the Philippines recorded a 17 % increase a year and reached $ 745.42 million in Q1. In addition, the EBITDA rose 18 % to $ 489.59 million, indicating strong operational performance and improving cost efficiency.
At the same time, the company’s net income for this quarter reached a high record of US $ 239.54 million, a 14 percent increase compared to the same period 2024.
From the operation, ICTSI obtained 3,471,913 units equivalent to twenty feet (TEUS) during the first trimester of 2025 -12 % increase over last year. The company has attributed growth to several factors, including launching new services, stronger business activity at selected terminals, volume recovery at CONTECON Guayaquil SA (CGSA) in Ecuador and its latest installation, Visayas Container (VCT) Terminal in Iloo, Philippines.
Enrique k. razon jr. “Our balance sheet is strong and cash production is strong and we strengthen our ability to invest and invest in growth opportunities,” said ICTSI and the president.
“With a look at the future, we pay attention to uncertainty about global trade arrangements and potential macroeconomic fate, but for ICTSI, the direct impact of tariffs announced due to limited exposure to US trade is low,” he said.
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