PPA posts record P30.09B revenue in 2025, remits largest dividend to govt

MANILA, Philippines — The Philippine Ports Authority (PPA) recorded a P30.09 billion in revenue for 2025, the highest recorded in its history, and an 8.86-percent increase from its 2024 earnings, based on its unaudited financial report. The PPA said the improved fiscal performance allowed it to declare its largest dividend remittance to date, after its Board of Directors approved the release of P5.33 billion to the national government. The amount represents 52 percent of the PPA's net earnings for 2025, in line with Republic Act 7656, which requires government-owned and controlled corporations to remit at least half of their annual net income as dividends. The agency said the revenue growth was driven by sustained increases in vessel traffic and cargo throughput, higher storage revenues, strengthened regulatory income following tariff adjustments, and favorable gains from dollar-denominated tariffs. PPA General Manager Jay Santiago said the PPA's consistent revenue growth would help finance ongoing and future port infrastructure projects aimed at improving trade facilitation, logistics efficiency, and tourism connectivity. “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,” Santiago said. Data from the agency showed total revenues rising from P14.32 billion in 2016 to P27.64 billion in 2024, while regulatory income increased from P6.82 billion to P15.68 billion over the same period.