+ Follow INTERNATIONAL CONTAINER TERMINAL HOLDINGS INC Tag
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 197205
[Title] => ICTSI profit dips 5% to P3.04-B in 2002
[Summary] => International Container Terminal Services Inc. (ICTSI) said yesterday profits declined by five percent last year to P3.04 billion from P3.2 billion a year earlier as it booked a one-time asset impairment loss of P327 million resulting from the closure of its inland container depot (ICD) in Laguna.
Last December, ICX Corp., a wholly-owned subsidiary which was merged with ICTSI in 2002 to minimize overhead costs, shut down the operations of its rail-serviced ICD in Calamba, Laguna owing to continued losses since 1998.
[DatePublished] => 2003-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 153717
[Title] => ICTSI redeems $130-M notes before due date
[Summary] => Port operators International Container Terminal Services Inc. (ICTSI) said yesterday it has fully redeemed $130 million in convertible notes still due in 2004 using the proceeds from the sale last year of its foreign subsidiaries.
The redemption brought up ICTSI’s total note payments over the past several months to $171 million or approximately P8.6 billion representing the principal, the fixed coupon interest and the premium.
[DatePublished] => 2002-03-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 147402
[Title] => ICTSI sees P5-B equity from foreign unit
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) will receive P5 billion in equity investment from its foreign subsidiary as part of the proceeds from last year’s sale deal with Hutchison International Port Holdings Ltd. (HPH), the company told the Philippine Stock Exchange.
ICTSI executive vice president Edgardo Abesamis said the Cayman Island-based subsidiary-International Container Terminal Holdings Inc. (ICTHI) – will reinvest to its parent company the amount through the issuance of new preferred non-voting shares.
[DatePublished] => 2002-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 140877
[Title] => RP’s top port operators post higher revenues
[Summary] => Despite the global trade slowdown, the financial health of the country’s top port operators remained resilient as revenues from their operations increased during the first nine months of 2001.
Records show that both International Container Terminal Services Inc. (ICTSI) and Asian Terminal Inc. (ATI) posted higher gross revenues during the period, although their bottom line earnings were mixed.
[DatePublished] => 2001-11-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 130345
[Title] => Port operators post big gains in first semester
[Summary] => After a sluggish first quarter, the financial health of the country’s top port operators significantly improved in the second quarter of 2001 to post big first semester gains.
Financial statements submitted to the Securities and Exchange Commission show International Container Terminal Services Inc. (ICTSI) and Asian Terminals Inc. (ATI) both gaining headway during the second quarter, ending the six-month period with net income levels of P3 billion and P233 million, respectively.
[DatePublished] => 2001-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
INTERNATIONAL CONTAINER TERMINAL HOLDINGS INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 197205
[Title] => ICTSI profit dips 5% to P3.04-B in 2002
[Summary] => International Container Terminal Services Inc. (ICTSI) said yesterday profits declined by five percent last year to P3.04 billion from P3.2 billion a year earlier as it booked a one-time asset impairment loss of P327 million resulting from the closure of its inland container depot (ICD) in Laguna.
Last December, ICX Corp., a wholly-owned subsidiary which was merged with ICTSI in 2002 to minimize overhead costs, shut down the operations of its rail-serviced ICD in Calamba, Laguna owing to continued losses since 1998.
[DatePublished] => 2003-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 153717
[Title] => ICTSI redeems $130-M notes before due date
[Summary] => Port operators International Container Terminal Services Inc. (ICTSI) said yesterday it has fully redeemed $130 million in convertible notes still due in 2004 using the proceeds from the sale last year of its foreign subsidiaries.
The redemption brought up ICTSI’s total note payments over the past several months to $171 million or approximately P8.6 billion representing the principal, the fixed coupon interest and the premium.
[DatePublished] => 2002-03-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 147402
[Title] => ICTSI sees P5-B equity from foreign unit
[Summary] => Port operator International Container Terminal Services Inc. (ICTSI) will receive P5 billion in equity investment from its foreign subsidiary as part of the proceeds from last year’s sale deal with Hutchison International Port Holdings Ltd. (HPH), the company told the Philippine Stock Exchange.
ICTSI executive vice president Edgardo Abesamis said the Cayman Island-based subsidiary-International Container Terminal Holdings Inc. (ICTHI) – will reinvest to its parent company the amount through the issuance of new preferred non-voting shares.
[DatePublished] => 2002-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 140877
[Title] => RP’s top port operators post higher revenues
[Summary] => Despite the global trade slowdown, the financial health of the country’s top port operators remained resilient as revenues from their operations increased during the first nine months of 2001.
Records show that both International Container Terminal Services Inc. (ICTSI) and Asian Terminal Inc. (ATI) posted higher gross revenues during the period, although their bottom line earnings were mixed.
[DatePublished] => 2001-11-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 130345
[Title] => Port operators post big gains in first semester
[Summary] => After a sluggish first quarter, the financial health of the country’s top port operators significantly improved in the second quarter of 2001 to post big first semester gains.
Financial statements submitted to the Securities and Exchange Commission show International Container Terminal Services Inc. (ICTSI) and Asian Terminals Inc. (ATI) both gaining headway during the second quarter, ending the six-month period with net income levels of P3 billion and P233 million, respectively.
[DatePublished] => 2001-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
