International Container Terminal Services, Inc. (ICTSI) reported strong first-half 2025 results, with revenue from port operations rising 14 per cent year-on-year (YoY) to $1.51 billion and EBITDA increasing 15 per cent to $990.54 million.
Net income reached a record $483.84 million, up 15 per cent, driven by operational excellence and strategic growth.
ICTSI’s consolidated volume grew 11 per cent to nearly 7 million TEUs, reflecting improved trade across the Americas, Asia, and Africa. Diluted earnings per share rose 17 per cent to $0.235.
For Q2 2025, port revenues increased 12 per cent to $764.63 million, EBITDA rose 11 per cent to $500.94 million, and net income grew 16 per cent to $244.31 million.
The company’s capital expenditures for H1 2025 totalled $231.98 million, focusing on expansions in Mexico, the Philippines, and the Democratic Republic of Congo, with an estimated full-year capex of $580 million.
Enrique K. Razon Jr., ICTSI Chairman and President said: “With revenue from port operations reaching $1.51 billion and EBITDA climbing to $990.54 million, we delivered a record net income of $483.84 million over the period – up 15 per cent YoY. This achievement reflects our continued focus on operational excellence, strong balance sheet, strategic expansion, and disciplined cost management.”
Three months ago, ICTSI reported unaudited consolidated results for Q1 2025, with revenue from port operations rising 17 per cent YoY to $745.42 million.