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03 AUG 2026 MONDAY
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ICTSI 1Q 2026 Recurring Net Income up 29% to US$308.27M in Port News 04/05/2026 Enrique K. Razon Jr., International Container Terminal Services, Inc. (ICTSI) Chairman and President, said: “ICTSI delivered a robust start to 2026, with doubledigit growth in revenues, EBITDA and net income reflecting the strength of our diversified global portfolio and disciplined execution across our operations. The contribution from newly added terminals, alongside stable demand at our existing facilities, supported volume and earnings growth for the quarter. “Our focus on operational efficiency, prudent cost management and careful capital allocation continues to underpin the resilience of our business. As we progress with strategic expansions across our network, we remain committed to maintaining financial discipline and executing our longterm strategy to deliver sustainable value for our shareholders. I would like to thank our employees across our global operations for their continued dedication.” ICTSI today reported unaudited consolidated financial results for the quarter ended March 31, 2026 posting revenue from port operations of US$961.11 million, an increase of 29 percent from the US$745.42 million reported for the same period in 2025; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$617.87 million, 26 percent higher than the US$489.59 million generated in the same period last year; and net income attributable to equity holders of US$293.57 million, 23 percent more than the US$239.54 million earned in the same period last year – primarily due to higher operating income.  Excluding the nonrecurring charge from the sale of Yantai International Container Terminal (YICT) in Shandong Province, China, net income attributable to equity holders would have grown 29 percent to US$308.27 million. Diluted earnings per share increased 23 percent to US$0.143 from US$0.116 in the same period in 2025. ICTSI handled consolidated volume of 4,084,901 twenty-foo
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news Hellenic Shipping News ·2026-03-31

ICTSI 1Q 2026 Recurring Net Income up 29% to US$308.27M

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