They say that records are made to be broken. After setting all-time revenue records in 2018, the Galveston Wharves broke those records in fiscal year 2019 with a 19 percent increase in revenues and a 52 percent increase in net income.

At its May meeting, the Galveston Wharves Board of Trustees adopted the port’s fiscal year 2019 Comprehensive Annual Financial Report, which showed total revenues of $51 million and net income of $12 million. The port also ended the year with unrestricted cash reserves of more than $14 million.

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