Higher box volumes help lift profits at ICTSI

© Baloncici

Manila-based International Container Terminal Services registered a 15% increase in container throughput for the three months to September, contributing to a surge in revenue growth for the period.

Consolidated throughput reached almost 2.2m teu for the third quarter, accounting for revenue of $284m, up 18% year-on-year. The company posted growth across its geographic segments, with its Asia business proving particularly fertile.