The state-run Philippine Ports Authority (PPA) said Thursday its net income climbed 50.76 percent to P10.67 billion in the first 10 months of 2025 from P7.08 billion in the same period last year.
“These improvements are attributed to increased vessel and cargo traffic, the positive impact of dollar-denominated tariffs, higher storage fees, and stronger regulatory income,” the PPA said.
“These results highlight disciplined financial management and more efficient operations across the agency, setting a strong foundation for sustained growth,” it said.
The port authority’s 10-month revenues went up by 10.57 percent to P24.97 billion from P22.58 billion in the same period last year.
Cargo throughput rose 7.47 percent to 262.84 million metric tons in the first 10 months of the year from 244.58 million MT a year earlier.
The PPA said the increase was led by steady demand for construction materials, ongoing infrastructure projects, growth in mining activities and rising exports of raw minerals. It said given this trajectory, cargo volumes are on track to reach at least 301.47 million metric tons by year-end.
Container traffic grew 11.04 percent to 7.14 million twenty-foot equivalent units (TEUs) from 6.43 million TEUs, reflecting improved port efficiency and the impact of modernization initiatives.
Digitalization programs such as the Terminal Appointment Booking System (TABS), strengthened public-private partnerships and the expansion of domestic shipping fleets continue to streamline processes. With performance holding strong, container throughput is expected to exceed the 8 million-TEU mark.
Passenger movement also showed steady improvement, increasing by 5.25 percent from 65.68 million passengers in 2024 to 69.13 million in 2025.
The growth was supported by vibrant domestic tourism and a robust cruise sector, which has already welcomed more than 150,000 passengers as of October, a 78-percent year-on-year increase.
The PPA said that as the Christmas travel season approaches, it anticipates a further rise in passenger volumes. All PPA-managed ports are fully prepared to accommodate the surge, ensuring safe and convenient travel. Passenger traffic is projected to reach 85.41 million by year-end, it said.
Completing the upward trend, ship calls increased by 7.95 percent from 517,411 to 558,534, indicating stronger domestic shipping activity and enhanced maritime connectivity across the country.
