2GO Group, Inc. announced that at the board of directors meeting held on February 23, 2018, the company approved the appointment of Atty. Joseph C. Tan as member of the IT Steering Committee.

The company announced audited group earnings results for the full year 2017. The company reported PHP 21.6 billion of revenue in 2017, 13% higher than 2016. Net Loss was PHP 310 million versus net income of PHP 344 million in 2016. Excluding one-off charges, recurring net income remained positive at PHP 314 million and recurring EBITDA was PHP 2.9 billion. Revenue growth was driven by continued strong performance in the Group's Non-shipping business (Logistics and Distribution), which grew 30% in 2017, due to increased service offerings to existing strategic customers (e.g., end-to-end warehousing, inventory management, cross-docking, delivery, merchandising), the addition of new customers, and an increased overall focus on customer service.