Between January and September, Chelsea Logistics and Infrastructure Holdings Corp. succeeded in slashing its net loss by 71 percent to P301 million from P1.04 billion a year ago.
Chelsea president and CEO Chryss Alfonsus Damuy said the company is close to wiping out its net loss as a result of debt restructuring and revenue expansion.
The revenue of logistics unit of Davao tycoon's Uy amounted to P6 billion during the period, lifted by double-digit growth across select segments. Passage went up by 20 percent, while chartering improved by 37 percent.
Bu hikaye The Philippine Star dergisinin November 16, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin November 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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