Excluding the one-time gain on the termination of the sub-concession agreement in Nigeria, consolidated net income attributable to equity holders would have been flat in the first nine months of 2017. Gross revenues from port operations in the first nine months increased 10 percent to $918.3 million from $835.0 million on year. Excluding the new terminal in DRC and Australia, consolidated gross revenues would have increased by six percent,” ICTSI said. ICTSI handled consolidated volume of 6,836,611 twenty-foot equivalent units (TEUs) in the first nine months of 2017, six percent more than 6,435,192 TEUs handled in the same period in 2016. Excluding the new terminals, consolidated volume would have increased by five percent.

Source: The Standard November 08, 2017 13:18 UTC