Ridley Terminals Inc presented their annual financial statement during a meeting held in Prince Rupert last night.
For their 2018 fiscal year, Ridley Terminals saw 117.7 million dollars in revenue, with an approximate net operating income of 47 million.
In 2019, the company is planning for a number of major projects, not limited to their 500 million dollar Propane Export Terminal.
In order to match increasing demands, RTI is beginning construction on a second railcar facility, which is expected to take 2 years to complete.
They are also seeking approval to construct a second berth, allowing them to take in more vessels.
Once the proper permits are in place, that too is expected to take 2 years to construct.
