The Philippine Ports Authority (PPA) recorded an 8.86 percent increase in revenue, posting P30.09 billion in 2025, based on its unaudited financial report released Thursday.

In a statement, the PPA said its strong fiscal performance enabled the declaration of the largest dividend remittance in its history.

The PPA Board of Directors approved a dividend declaration amounting to P5.33 billion, equivalent to 52 percent of net earnings for fiscal year 2025, in compliance with Republic Act No. 7656, or the Dividends Law, which requires government-owned and controlled corporations to remit at least 50 percent of their annual net income to the National Government.

PPA General Manager Jay Daniel Santiago said the revenue growth was driven by sustained increases in vessel traffic and cargo throughput, higher storage revenues, stronger regulatory income following tariff adjustments, and favorable gains from dollar-denominated tariffs.

“These factors reflect the continued expansion of maritime trade activities and the effective implementation of the Authority’s revenue optimization and fiscal management strategies,” Santiago said.

“With its consistent upward revenue trajectory, PPA is well-positioned to fund ongoing and upcoming port infrastructure projects aimed at enhancing trade facilitation, improving logistics efficiency and supporting tourism growth. This reflects our commitment to modernizing our ports, pursuing strategic reforms, and the collective effort of PPA employees and stakeholders,” he added.

From a long-term perspective, the PPA’s total revenues have steadily increased from P14.32 billion in 2016 to P27.64 billion in 2024.

Regulatory income likewise rose from P6.82 billion in 2016 to P15.68 billion in 2024.

Santiago said the steady rise underscores the agency’s evolving role in transforming the Philippine port system into a more efficient and globally competitive sector.

The PPA reaffirmed its commitment to delivering modern, sustainable and resilient port infrastructure systems that contribute to economic expansion and inclusive national development.