Chelsea Q2 income falls 34.8% on higher expenses

CHELSEA Logistics and Infrastructure Holdings Corp. saw its second-quarter (Q2) attributable net income decline by 34.8% to P177.41 million as expenses rose during the period. For the three months ended June, gross revenue increased by 15.62% to P2.96 billion from P2.56 billion a year earlier, while gross expenses rose by 19.62% to P2.50 billion from […]