ATI net income nearly doubles in first quarter

By The Manila Times

May 15, 2023 12:11 am

ASIAN Terminals Inc. (ATI) saw its net income nearly double in the first three months of the year, driven by the sustained recovery of trade volume toward pre-pandemic levels.

The port operator reported a net income of P1.18 billion for the period up 95 percent from P601.9 million in the same period in 2022.

Seaports are vital to supply chains, which serve as trade links between regional production and worldwide consumption. PHOTO from Asian Terminals Inc.

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