PPA on track to surpass P28-B revenue target as port traffic surges

The Philippine Ports Authority reported that it is on track to surpass or hit its revenue target for this year.

In a statement on Thursday, the state-run ports regulator said it remains confident in meeting its 2025 targets as it reports strong revenue and steady operational performance as of October 2025, driven by the continued rise in cargo, container, and passenger traffic across all PPA-managed ports nationwide.

In its official tally, the PPA said its revenue as of October 2025 stood at P24.97 billion, increasing 10.57 percent versus the P22.58 billion it made in the same period last year.

The PPA is targeting P28.04 billion in revenue for this year.

Further, net income after tax posted a significant gain of 50.76 percent, rising from P7.08 billion in October 2024 to P10.67 billion in October 2025.

The PPA noted that the improvements are attributed to increased vessel and cargo traffic, the positive impact of dollar-denominated tariffs, higher storage fees, and stronger regulatory income — highlighting 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,” said PPA General Manager Jay Santiago.

Further, the PPA said the solid financial footing is reinforced by the continued expansion of cargo operations.

Cargo

Cargo throughput rose 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.

With this trajectory, the PPA said cargo volumes are on track to reach at least 301.47 million metric tons by year-end.

Container traffic

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.

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.

Passenger movement this Christmas

Passenger movement also showed steady improvement, increasing by 5.25 percent from 65.68 million passengers in 2024 to 69.13 million in 2025.

The 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.

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.

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.

“With all key indicators trending upward and momentum holding strong, the PPA remains confident that it will not only meet but exceed its operational and financial targets for 2025,” Santiago stressed.