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International Container Terminal Services, Inc. (ICTSI) has announced its unaudited financial results for the first half of 2026. Revenue from port operations increased by 27% to US$1.92 billion from US$1.51 billion in the same period last year. Earnings before interest, taxes, depreciation and amortisation rose by 24% to US$1.23 billion from US$990.54 million. Net income attributable to equity holders reached US$589.98 million, representing a 22% increase from US$483.84 million. Excluding a non-recurring charge linked to the sale of Yantai International Container Terminal in China, recurring net income increased by 25% to US$604.69 million. Diluted earnings per share rose by 23% to US$0.289 from US$0.235. Financial indicator H1 2026 H1 2025 Change Port operations revenue US$1.92 billion US$1.51 billion 27% EBITDA US$1.23 billion US$990.54 million 24% Net income attributable to equity holders US$589.98 million US$483.84 million 22% Recurring net income US$604.69 million – 25% Diluted earnings per share US$0.289 US$0.235 23% “ICTSI delivered a strong first half, with double-digit growth in volumes, revenues and earnings supported by contributions from recently added terminals and stable performance across our existing portfolio,” said Enrique K. Razon Jr., Chairman and President of ICTSI. Razon said the company remained focused on integrating new operations, implementing its expansion programme and maintaining financial discipline. Throughput increases across terminal network ICTSI handled 8,115,758 TEUs during the first six months of 2026. This represented an increase of 16% from the 6,989,075 TEUs handled a year earlier. Growth was supported by two recently added operations. Durban Gateway Terminal began operating Durban Container Terminal Pier 2 in South Africa in January 2026. Batu Ampar Container Terminal took over operations in Batam, Indonesia, in September 2025. Trade activity also improved across Asia and the Americas. These gains were partly offset b
ICTSI reports first-half 2026 financial results
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