2GO Group Inc. announced unaudited consolidated earnings results for the second quarter and six month of 2013. Net income was PHP 450.462 million turning around from a PHP 190.703 million net loss a year ago. Revenues grew 16% to PHP 4.184 billion from PHP 3.607 billion, outstripping a rise in costs and expenses, which edged up just 1.8% to PHP 3.569 billion from PHP 3.505 billion. Passenger revenues led earnings from other items like sale of goods and service fees, growing 15.09% to PHP 1.196 billion from PHP 1.039 billion, while freight revenues fell by 10.89% to PHP 1.217 billion from PHP 1.366 billion.

For the six months, the company reported that net income of PHP 509.906 million compared to a PHP 403.926 million net loss a year ago. Revenues grew by 11.74% to PHP 7.683 billion from PHP 6.875 billion, with passenger revenues rising 7.92% to PHP 1.702 billion from PHP 1.577 billion and freight revenues dipping 2.74% to PHP 2.794 billion from PHP 2.873 billion.