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                    [ArticleID] => 244691
                    [Title] => Asian Terminals suffers 39% income drop in 2003
                    [Summary] => Port operator Asian Terminals Inc. reported a 39-percent drop in its net income last year to P389.5 million, from P640.67 million in 2002 due to expenses incurred for the expansion of its facilities.


In a statement issued yesterday, ATI said revenues from ports and non-ports businesses remained steady at P3.58 billion in 2003, from P3.52 billion a year earlier.


South Harbor at the Port of Manila continued to be the major driver of ATI’s business, handling a seven-percent growth in container volume from 614,309 TEUs in 2002 to 656,625 TEUs in 2003.


                    [DatePublished] => 2004-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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INTERNATIONAL SHIP AND PORT FACILITIES SECURITY

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                    [ArticleID] => 244691
                    [Title] => Asian Terminals suffers 39% income drop in 2003
                    [Summary] => Port operator Asian Terminals Inc. reported a 39-percent drop in its net income last year to P389.5 million, from P640.67 million in 2002 due to expenses incurred for the expansion of its facilities.


In a statement issued yesterday, ATI said revenues from ports and non-ports businesses remained steady at P3.58 billion in 2003, from P3.52 billion a year earlier.


South Harbor at the Port of Manila continued to be the major driver of ATI’s business, handling a seven-percent growth in container volume from 614,309 TEUs in 2002 to 656,625 TEUs in 2003.


                    [DatePublished] => 2004-03-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Asian Terminals suffers 39% income drop in 2003

March 31, 2004 - 12:00am

Port operator Asian Terminals Inc. reported a 39-percent drop in its net income last year to P389.5 million, from P640.67 million in 2002 due to expenses incurred for the expansion of its facilities. In a statement...

Business