ICTSI’s revenue falls in the third quarter as volume growth slows

Phillipines-based terminal operator ICTSI has released third quarter results showing that its strong growth in the first six months of the year slowed in the third quarter.

While throughput in the first nine months of 2015 was up by 7% on the same period in 2014, third quarter throughput was only 2% higher.

The contrast between the first nine months and third quarter statistics was even starker when it came to port operation revenue and profit.