Thursday, November 27, 2025

PPA revenues up 10.57%, net income rises 50.76% as of October

The Philippine Ports Authority (PPA) reported a 10.57 percent increase in reveneus to PHP24.97 billion as of October this year, reflecting from PHP22.58 billion in October 2024 to ₱24.97 billion as of October 2025, driven by higher tariffs and storage fees.

 

The revenue growth resulted in a net income after tax posted a significant gain of 50.76 percent, rising from PHP7.08 billion in October 2024 to PHP10.67 billion in October 2025. This steady growth is also driven by the continued rise in cargo, container, and passenger traffic across all PPA-managed ports nationwide. These results highlight disciplined financial management and more efficient operations across the agency, setting a strong foundation for sustained growth.

 

“I congratulate the men and women of PPA, We are pleased to share that the PPA continues to register consistent improvement across all operational indicators. We can attribute this to good and transparent fiscal management of PPA,” PPA General Manager Jay Santiago said.

 

This solid financial footing is reinforced by the continued expansion of cargo operations. Cargo throughput improved by 7.47 percent from 244.58 million metric tons in 2024 to 262.84 million metric tons in 2025. The increase is driven by steady demand for construction materials, ongoing infrastructure projects, growth in mining activities, and rising exports of raw minerals.

 

Given this trajectory, cargo volumes are on track to reach at least 301.47 million metric tons by year-end. The positive momentum extends to container operations as well. Container traffic grew by 11.04 percent from 6.43 million TEUs to 7.14 million TEUs, reflecting improved port efficiency and the impact of modernization initiatives.

 

Passenger movement also showed steady improvement, increasing by 5.25 percent from 65.68 million passengers in 2024 to 69.13 million in 2025. This growth is supported by vibrant domestic tourism and a robust cruise sector, which has already welcomed more than 150,000 passengers as of October a 78 percent year-on-year increase.

 

Completing the upward trend, ship calls increased by 7.95 percent from 517,411 to 558,534, indicating stronger domestic shipping activity and enhanced maritime connectivity across the country.

 

Digitalization programs such as the Terminal Appointment Booking System (TABS), strengthened public-private partnerships, and the expansion of domestic shipping fleets continue to streamline processes. With performance holding strong, container throughput is expected to exceed the 8-million-TEU mark.

 

As the Christmas travel season approaches, PPA anticipates a further rise in passenger volumes. All PPA-managed ports are fully prepared to accommodate the surge, ensuring safe and convenient travel. Passenger traffic is projected to reach 85.41 million by year-end.

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