Ship, cargo traffic growth boosts PPA revenue to record P31B

MANILA, February 27 ------ The Philippine Ports Authority (PPA) generated a record PHP30.9 billion revenue in 2025 driven by sustained growth in vessel traffic and cargo throughput. In a message to reporters, PPA spokesperson Eunice Samonte said other contributing factors to the largest dividend remittance ever made by the PPA were higher storage revenues, strengthened 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 under the leadership of PPA General Manager Jay Santiago,” Samonte said.

The 2025 revenue is an 8.86-percent increase from 2024. On the other hand, the PPA Board of Directors approved a dividend remittance of PHP5,334,158,018 or equivalent to 52 percent of the net earnings for fiscal year 2025. The figure is in compliance with Republic Act 7656 or the Dividends Law, which mandates government-owned and controlled corporations to remit at least 50 percent of their annual net income to the national treasury.

In a separate statement, Santiago said the PPA is well-positioned to fund ongoing and upcoming port infrastructure projects that aim to enhance trade, logistics efficiency and tourism growth. “This is a reflection of our commitment to modernizing our ports, strategic reforms, and the collective effort of PPA employees and stakeholders,” Santiago said.

The PPA showed consistent long-term revenue growth, with a total revenue of PHP14.32 billion in 2016 to PHP27.64 billion in 2024. “This steady rise highlights the agency’s evolving role and its efforts to transform the Philippine port system into a more efficient and globally competitive sector,” he said.

In addition, the PPA’s regulatory income increase from PHP6.82 billion in 2016 to PHP16.68 billion in 2024. “PPA reaffirmed its commitment to delivering modern, sustainable, and resilient port infrastructure systems that contribute to economic expansion and inclusive national development,” he said.

Source: pna.gov.ph