INTERNATIONAL Container Terminal Services Inc. on Monday reported that net income for the first quarter had jumped 36 percent to $209.88 million from $154.61 million a year ago, driven mainly by its international portfolio.The Razon-led port operator said the result was due to higher operating income, interest and nonrecurring income from the settlement of legal claims, and a lower equity share in the net loss of joint ventures.
25 million, while throughput remained largely flat from last year at 3.10 million twenty-foot equivalent units.
Q1 Net Income Climbs 36% To $210M
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