ATI EARNS P396 MILLION IN FIRST QUARTER
Publicly listed port operator and investor, Asian Terminals Inc. (ATI), reported a net income of P396.1 million for the first three months of 2013, up 13.1 percent from the same period in 2012. The company said that the increase was driven mainly by growth in international trade, prudent cost management and higher port revenues. For the first quarter of the year, ATI’s revenues reached P1.13 billion, higher by 4.4 percent compared to the same period last year.
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