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Cargo, passengers lift Asian Terminals income

LISTED port operator Asian Terminals Inc.'s (ATI) net income jumped 35.3 percent to P3.03 billion last year, from P2.24 billion in 2021, as cargo and passenger volumes rose at gateway ports in Manila and Batangas.

Revenues amounted to P13.62 billion, higher by 22 percent from P11.16 billion in 2021.