2GO Group, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenues of PHP 5,369,649,000 compared to PHP 4,847,506,000 a year ago. Operating income was PHP 128,609,000 compared to operating loss of PHP 59,618,000 a year ago. Income before income tax was PHP 71,670,000 compared to loss before income tax of PHP 175,830,000 a year ago. Net income attributable to equity holders of the parent company was PHP 42,204,000 or PHP 0.0173 per basic and diluted share compared to net loss attributable to equity holders of the parent company of PHP 265,846,000 or PHP 0.1087 per basic and diluted share a year ago. Net cash flows provided by operating activities was PHP 968,852,000 compared to PHP 255,514,000 a year ago. Additions to property and equipment were PHP 256,831,000 compared to PHP 540,774,000 a year ago. Additions to software were PHP 564,000 compared to PHP 2,898,000 a year ago. Capital expenditures were PHP 286,557,000 compared to PHP 698,294,000 a year ago. EBITDA was PHP 624 million compared to PHP 359 million a year ago. EBIT was PHP 159,268,000. Book value per share was PHP 1.5. Return on equity was 0.01%.