Asian Terminals nets P472.5M in Q1, down 57.5%

Listed ports operator Asian Terminals Inc. (ATI) saw a 57.5% drop in its bottomline in the first quarter of 2020 amid the economic slowdown brought by the COVID-19 pandemic. In a regulatory filing, ATI said its January to March net income stood at P472.5 million, down 57.5% from P1.1 billion year-on-year. Revenue for the first …

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