11
Mon, Aug

Philippine Ports Authority exceeds H1 2025 revenue targets; increased vessel traffic and cost management measures cited

Philippine Ports Authority exceeds H1 2025 revenue targets; increased vessel traffic and cost management measures cited

World Maritime
Philippine Ports Authority exceeds H1 2025 revenue targets; increased vessel traffic and cost management measures cited

PPA said the growth in revenue was primarily driven by increased vessel and cargo traffic, favourable movements in dollar-denominated tariffs, higher storage fees, and income from regulatory sources.

Regulatory income remains the largest contributor, accounting for 59.23 per cent or PHP8.69 billion (US$150 million) of total revenues, followed by service and business income and interest and other income.

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