Chelsea Logistics and Infrastructure Holdings Corp. (CLIHC) on Tuesday reported it swung to a profit in the first nine months of 2025, a reversal from a net loss recorded in the same period last year.
The company posted a net profit of P155 million in the January through September period, a turnaround from a P340.02 million net loss during the same stretch in 2024.
CLIHC said consolidated revenues amounted to P6.87 billion during the period, up 15 percent compared to the same nine months last year.
The company attributed the revenue growth to solid performance across its freight, chartering, logistics, and food and beverage segments. This growth reflects a sustained recovery in cargo and passenger volumes, expansion in business-to-business (B2B) logistics, and increased vessel deployment.
However, operational challenges, such as extended drydocking, continued to impact vessels.
CLIHC’s third-quarter financial results reflect resilient operations, strategic cost management, and improved asset utilization, positioning the group for sustained profitability and growth.
“This period’s performance reflects the resilience and agility of our organization,” said Chryss Alfonsus Damuy, CLIHC president and chief executive. “Supported by our dedicated employees, we’ve not only rebounded from last year’s challenges but have laid a stronger foundation for sustainable growth. Our teams across all segments have executed with precision, and the results speak for themselves.”
CLIHC chief finance officer Darlene Agus-Binay added that the company is committed to delivering value to its stakeholders while navigating operational headwinds with discipline and innovation.
“This period’s financial turnaround underscores our disciplined approach to cost management and strategic asset utilization,” Agus-Binay said. “By maintaining stable operating expenses and executing a successful loan restructuring that lowered finance costs, we’ve fundamentally strengthened our bottom line.”
“Our year-to-date September 2025 performance highlights not only consistent revenue growth but also our commitment to capital efficiency, laying the foundation for sustainable, long-term profitability,” she added.
