MAJOR PORT OPERATOR LIFTS EARNINGS ON HIGHER TRADE VOLUMES

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March 13, 2013

MANILA - International Container Terminal Services, Inc. (ICTSI) has reported revenue for the year ended December 31 from port operations of US$729.3 million, 10% up from the previous year; Earnings before tax were US$307.4 million, up 9% and net income attributable to equity holders US$143.2 million, up 10%. ICTSI handled consolidated volume of 5,628,021 twenty-foot equivalent units (TEUs) for the year, and increase of 8%.