The Directors of Kingston Wharves are reporting revenues of over $3-billion for the six months ending June 30.
This represents a 15-percent or $450-million increase over the corresponding period in 2017.
The operating revenue of the Terminal Operations Division totaled $2.8-billion, an increase of 21-percent year on year.
Net profits increased by $100-million from $742-million to $842-million during the reporting period.
The company says underpinning this continued growth, is the strategic focus on attracting multiple users to their terminal with a diversity of cargo-types.
Revenues for the Logistics Services Division amounted to $825-million representing a 22-percent increase.
Profits were $197-million representing a 3-percent increase.
Chairman Jeffrey Hall says these results were driven primarily by an expansion of the customer base, particularly in third-party logistics services and continued gains resulting from KWL’s ongoing investment in automotive logistics