ATI: solid results for 2022
Asian Terminal Inc. (ATI) posted solid results for 2022 in terms of revenues, handling of teu and the transit of passengers in the international container ports of Manila and Batangas, in comparison to 2021. Revenues increased by 19.2% (PHP 13.62 billion) and 12.7% for each port.
The ports handled over 1.4 million teu, which is 4.5% higher than 2021. The Batangas Passenger Terminal welcomed over 2.2 million outbound passengers. All these activities continued to gain momentum, testifying to the resilience of the Philippine economy.
According to an ATI statement, “the company continuously provides bigger, better, and modern integrated ports and logistics infrastructure alongside smart trade solutions to create greater value for customers and support the long-term growth of the economy.” (lh)