Port operator International Container Terminal Services, Inc. said Monday net income in the first three quarters rose 22 percent to $128.8 million, driven by strong revenue growth.

ICTSI said in a disclosure to the stock exchange revenues from port operations jumped 19 percent to $624.7 million from year ago.

The company said net income in the third quarter rose 29 percent from $35.6 million to $45.9 million, on the back of a 17-percent growth in revenues to $211 million.

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