ICTSI net income up by 31% in 9 months

INTERNATIONAL Container Terminal Services Inc. (ICTSI) net income rose 31 percent to $632.58 million, with a 14 percent revenue boost to $2.01 billion, fueled by higher throughput and global expansion.

“I am pleased to report another excellent set of results,” said Enrique Razon Jr., ICTSI chairman and president. “Our strategy is centered on our international portfolio, and its diversity has enabled us to capitalize on growth opportunities globally.”