ICTSI Q1 net income grows 36% Y-o-Y
NewsICTSI’s Q1 2024 financials show EBITDA up 17% to US$413.76M, with revenues rising 11% to US$637.65M, while handling slightly fewer TEU than Q1 2023.
ICTSI has opened a new ro-ro facility at Berth 21 at its Basra Gateway Terminal (BGT) in the Port of Umm Qasr, Iraq, as part of its Phase 2
expansion at the terminal. Quay and yard areas have been configured for handling oil and gas project cargoes.
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