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ICT Growth Slows

06 Mar

BY ANGPING & ASSOCIATES SECURITIES

International Container Terminal Service Inc. (ICT) reported a 5.6% growth in profit to $182.0 million for last year, slowing from 2013’s pace as revenues from new terminals offset higher operating expenses.

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Stripping out one-­off gains, earnings would have been flat at $172.6 million.

It boosted revenue from port operations by a quarter to $1.1 billion, faster than the 17% growth to $852.4 million a year earlier

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Posted by on March 6, 2015 in Corporate News, ICT, Stock Market

 

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