C05528-2024

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jun 30, 2024
2. SEC Identification Number
CS201619734
3. BIR Tax Identification No.
009393167000
4. Exact name of issuer as specified in its charter
Chelsea Logistics and Infrastructure Holdings Corp.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Stella Hizon Reyes Road, Bo. Pampanga, Davao city Postal Code 8000
8. Issuer's telephone number, including area code
+63 82 224 5373 | +63 2 8403 4015
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 2,196,977,615
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Chelsea Logistics and Infrastructure Holdings Corp.C

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Chelsea Logistics Swings into Net Profitability in 2Q2024
1H2024 EBITDA grows 43% YoY to P1.2 Billion

Background/Description of the Disclosure

Chelsea Logistics recorded a Net Profit of P68M for the second quarter of the year, the first time it registered a positive quarterly Net Profit since the pandemic. EBITDA for the second quarter surged to P715M, a 45% increase from the same period last year. These results underscore the Company's unwavering commitment to operational efficiency and strategic expansion across all business segments.

In the first half of 2024, the Chelsea Group achieved consolidated revenues of P3.977B, marking an 11% growth compared to the P3.577B recorded during the same period last year. This revenue growth was driven by strong performances in the Passage, Chartering, Tugboats, and Logistics segments.

Other Relevant Information

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Filed on behalf by:
Name Ignacia IV Braga
Designation Vice President