Asian Terminals, Inc.

...ayos ah...may pumapansin ba naman sa stock mo? yan ang tanong Tongue

Record cargo volumes drive Asian Terminal’s Q2 income higher

ASIAN Terminals, Inc. (ATI) saw an 18% rise in net income attributable to equity holders of the parent company during the second quarter, boosted by record-high cargo volumes.

In a regulatory filing, ATI said its attributable net income reached P819.1 million during the three-month period ended June, higher than the P694.63 million it recorded during the same period a year ago.

This brought the port operator’s attributable net income during the first half of the year to P1.4 billion, an 18% jump from last year’s P1.185 billion.

Excluding the foreign exchange gains attributable to port concession rights, net income would have increased by 16% to P1.56 billion.

Second quarter revenues increased by 10% to P3.1 billion, bringing the first-half total 12% higher to P5.7 billion.

ATI attributed this to “higher international containerized cargoes handled by Manila South Harbor (MSH) and Batangas Container Terminal (BCT) as well as higher containers, domestic RoRo and passengers handled by Batangas Port, reflective of the resilience of the Philippine economy.”

In a separate statement on Monday, ATI said the Manila South Harbor was able to accommodate its highest volume over a six-month period this year, handling more than 560,000 twenty-foot equivalent units (TEUs) foreign shipment.

“The feat was bannered by an all-time high single-month volume of nearly 105,000 TEUs in May, followed by over 103,000 TEUs in June, for a back-to-back 100,000-TEU performance,” it added.

The Batangas port also recorded 18% more in volume handled at 110,000 TEUs.

ATI said its expenses increased 12.3% in the first half to P2.36 billion, on a 10% increase in labor costs, 35% rise in equipment running costs, as well as an 11% jump in taxes and licences.

“Despite handling growing volumes, our international container ports in Manila and Batangas are performing at optimum production and utilization levels heading into the ‘ber’ months, the peak season for shipments,” the company’s executive vice president William Wassaf Khoury Abreau was quoted in the statement as saying.

The port operator said in May it is spending P8 billion in capital expenditure for 2018 to boost its business in the Manila and Batangas ports. Among its efforts are adding cargo storage spaces at the Manila South Harbor and a multilevel car storage facility and rubber-tired gantry cranes at the Batangas Port.


...good job ATI, good earnings report rin Smile

ATI secures new ISO certification

ASIAN Terminals, Inc. (ATI) on Monday said it is now ISO 45001:2018 certified, making it the first international port operator in the Philippines to receive the top-tier certification in occupational health and safety.

It was also recertified as compliant in areas of Environment Management (ISO 14001:2005), Quality Management (ISO 9001:2015) and Supply Chain Security Management (ISO 28000:2007).

“We are very pleased to be the first international terminal operator in the Philippines to have secured the ISO 45001:2018 and be recertified for our Integrated Management System. These achievements further attest that ATI’s processes are at par with world-best practices,” ATI executive vice-president William Khoury said in the statement.

The certifications were made by independent auditing firm TUV Rheinland Philippines.

“As a responsible port organization, it is our conscious commitment to implement the highest standards on health, safety, quality, security and environment, which collectively contribute to safer, better and more efficient port services for the Philippine supply chain,” Mr. Khoury added.

The certifications are developed by the International Organization for Standardization (ISO), an organization that forms international standards often used as metric for a company’s products, services or systems. These are conferred by third party certification bodies.

During the first half, ATI posted an 18.22% increase in its attributable net income to P1.4 billion on the back of record-high volumes. 

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...earnings report...good

ATI nets P788M in Q3

ASIAN Terminals, Inc. (ATI) reported its attributable net income increased by 36% to P788 million in the third quarter, fueled by robust revenues from its operations.

The port operator said in a regulatory filing on Tuesday its total revenues in the third quarter rose 18% year-on-year to P2.55 billion.

For the nine-month period, ATI’s net income attributable to equity holders of the company jumped 24% to P2.2 billion, driven by a 14% increase in total revenues to P7.213 billion.

“Revenues from South Harbor International containerized cargo operations and Batangas Container Terminal increased from last year on account of higher container volumes, which grew by 4.2% and 18.4%, respectively,” the company said.

ATI sad operations at the Port of Batangas were boosted by an increase in volume of domestic containers, roll on-roll off (RoRo) vessels and passengers. 

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