Listed international port operator International Container Terminal Services Inc. (ICTSI) on Friday said its net income attributable to equity holders for 2013 increased by 20 percent to $172.4 million from the $143.2 million earned in 2012.
The company said the higher net income for 2013 was attributable to strong revenue growth and margin improvement in certain key terminals, and the contribution from its new terminal operations in Karachi, Pakistan.
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