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
2,274,768,615
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 successfully rebounds with positive net income in 2024 Consolidated revenues reach PhP 8.007 Billion, a 14% YoY growth
Background/Description of the Disclosure
Chelsea Logistics achieved a remarkable turnaround in its financial performance, reporting a Consolidated Net Profit After Tax of PhP 177 Million in 2024. This represents a significant recovery from the PhP 1.143 Billion Net Loss in 2023 and marks a 24% increase compared to its Net Income during the Company's 2017 listing year.
In 2024, the Group recorded a 14% growth in revenue, setting an all-time high record of PhP 8.007 Billion and surpassing its pre-pandemic peak in 2019.