C06317-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,196,977,615 |
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Subject of the Disclosure |
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Chelsea Logistics swings into operating profit 2Q2023 EBITDA up 8x to P493 Million |
Background/Description of the Disclosure |
The Chelsea Group generated a P188 Million Operating Profit in the second quarter as it maintained its positive momentum during the year with continued year-on-year and sequential improvements in Revenues, Gross Profits and EBITDA. This is the first time the Company has posted a quarterly Operating Profit since 4Q2019. EBITDA for the second quarter rose eight-fold year-on-year to hit P493 Million. |
Other Relevant Information |
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Name | Ignacia IV Braga |
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Designation | Vice President |