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Asian Terminals’ net income inched up 1.35% to P4.5 billion in 2024 from P4.44 billion in 2023
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Consolidated revenues rose 7.1% year-on-year to P16.5 billion, driven by higher container and passenger throughput
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ATI’s container terminals in Manila and Batangas handled nearly 1.6 million twenty-foot equivalent units in 2024, a 4.1% year-on-year increase, edging closer to pre-pandemic throughput levels
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The company is earmarking a minimum of P4.2 billion in capital expenditures for 2025
Asian Terminals Inc.’s (ATI) net income inched up 1.35% to P4.5 billion in 2024 from P4.44 billion in 2023.
Consolidated revenues for the year climbed 7.1% to P16.5 billion from P15.4 billion in 2023, powered by robust performance across its containerized and non-containerized operations in Manila and Batangas, the port operator said during its online stockholders’ meeting on April 24.
ATI’s container terminals handled nearly 1.6 million twenty-foot equivalent units in 2024, a 4.1% year-on-year increase, edging closer to pre-pandemic throughput levels.
Batangas port accommodated over 2.7 million outbound travelers, more than 550,000 vehicles, and nearly 200,000 imported cars.
The company is earmarking a minimum of P4.2 billion in capital expenditures for 2025, focused on terminal expansions, the acquisition of eco-efficient equipment, and investments in digital and sustainable supply chain solutions.
It expects to complete the Pier 3 berth expansion in Manila South Harbor by the latter part of 2025, bringing the terminal’s annual capacity to 1.9 million TEUs from the current 1.45 million TEUs.
ATI’s board of directors approved a total cash dividend payout of P3.003 billion, equivalent to P1.505 per share. This includes regular dividends of P1.075 per share and special dividends of P0.430 per share, to be distributed on June 17, 2025, to shareholders on record as of May 23.
