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ICTSI 1Q 2020 fall in net income reflects impact of COVID-19; down 18%

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7 May 2020 ICTSI 1Q2020 reduction in net income reflects impact of COVID-19 – down 18% to US$59.6M Throughput slightly grew 1% to 2.5 million TEUs  Revenues decreased 2% to US$375.8 million EBITDA declined 5% to US$212.2 million  Enrique K. Razon Jr., ICTSI Chairman and President said: “For many people around the world, livelihoods have…

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