CR05222-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Jun 30, 2020
2. SEC Identification Number
147212
3. BIR Tax Identification No.
323228
4. Exact name of issuer as specified in its charter
INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ICTSI Administration Building, Manila International Container Terminal, South Access Road, Manila Postal Code 1012
8. Issuer's telephone number, including area code
(632) 8245-4101
9. Former name or former address, and former fiscal year, if changed since last report
Not applicable
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock 2,002,391,699
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange - Common Shares
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

International Container Terminal Services, Inc.ICT

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Jun 30, 2020
Currency (indicate units, if applicable) US Dollar in Thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2020 Dec 31, 2019
Current Assets 521,110 468,394
Total Assets 5,579,059 5,750,877
Current Liabilities 448,672 655,088
Total Liabilities 4,094,713 4,116,351
Retained
Earnings/(Deficit)
256,117 300,952
Stockholders' Equity 1,484,346 1,634,526
Stockholders' Equity - Parent 1,317,118 1,469,908
Book Value per Share 0.74 0.82
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 348,485 368,001 724,261 751,785
Gross Expense 199,547 223,978 418,901 442,611
Non-Operating Income 8,122 13,030 18,132 23,177
Non-Operating Expense 75,491 73,928 157,374 145,883
Income/(Loss) Before Tax 81,569 83,125 166,118 186,468
Income Tax Expense 19,097 18,560 34,808 40,398
Net Income/(Loss) After Tax 62,472 64,565 131,310 146,070
Net Income Attributable to
Parent Equity Holder
53,782 56,067 113,379 128,470
Earnings/(Loss) Per Share
(Basic)
0.02 0.02 0.04 0.05
Earnings/(Loss) Per Share
(Diluted)
0.02 0.02 0.04 0.05
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.02 0.09
Earnings/(Loss) Per Share (Diluted) 0.02 0.09
Other Relevant Information

Please see attached complete SEC 17Q Q2 2020 and Consolidated Financial Statements.

Filed on behalf by:
Name Arthur Tabuena
Designation Treasury Director and Head of Investor Relations