Business > Maritime
ICTSI's net income up 321% to $428.57M in 2021

International Container Terminal Services Inc. (ICTSI) posted a 321-percent increase in net income to $428.57 million in 2021, which showed its resiliency and financial strength.

ICTSI Chairman and President Enrique Razon Jr. said the positive business outcome was achieved during the pandemic while countries were recovering at different rates. For this year, they are carefully monitoring the developments abroad, particularly the Russia-Ukraine crisis.

Enrique Razon Jr., ICTSI chairman and president PHOTO from ICTSI