Asian Terminals Inc. said Thursday its net income grew by 65 percent in the first half of the year from a year ago on higher container volumes.
The port operator said net profit amounted to P2.9 billion from January to June, higher than P1.76 billion in the same period last year as revenues increased 28.8 percent to P9.6 billion from P7.46 billion.
Revenues from South Harbor (SH) international containerized cargo and Batangas Container Terminal (BCT) surged 31.8 percent and 19.2 percent, respectively, compared to last year, on higher container volumes that grew by 19.9 percent and 24.5 percent, respectively.
Revenues from ATI Batangas were higher than the previous year by 9.7 percent on account of higher volumes for international RORO cargo and higher number of passengers.
Cost and expenses in the first six months of 2025 amounted to P3.9 billion, 17.4 percent higher than P3.3 billion in the same period last year.
The company said it recently took delivery of two state-of-the-art Ship-to-Shore (STS) cranes, boosting the capacity and capabilities of its flagship terminal Manila South Harbor (MSH).
The deployment of the cranes marks a significant operational milestone for MSH which is now complemented by a fleet of 11 modern STS cranes alongside hybrid and conventional rubber-tired gantries and other cargo handling equipment to make trade flow faster, safer and smarter.
ATI is part of the expansive ports and terminals network of global trade enabler DP World, its strategic foreign equity shareholder partner.
Leveraging its local expertise and the global leadership of logistics giant DP World, ATI delivers comprehensive and innovative trade solutions for a robust Philippine supply-chain.
