ICTSI net income hits $1.05b on port growth

Diluted earnings per share rose 25% to $0.510.

International Container Terminal Services Inc. (ICTSI) reported a net income of $1.05b for the financial year 2025, up 23% year on year.

The increase was driven by higher operating income, partly offset by income from a legal settlement at ICTSI Oregon in 2024.

Excluding one-time items, new operations in Iloilo, Philippines, and Batam, Indonesia, and discontinued operations in Jakarta, Indonesia,  ICTSI's net income would have risen 26%.

Revenue from port operations reached $3.23b, an 18% increase YoY, whilst consolidated EBITDA grew 21% YoY to $2.14, pushing the EBITDA margin to 66%.

Diluted earnings per share rose 25% to $0.510.