Chelsea Logistics and Infrastructure Holdings Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 1,708.27 million compared to PHP 1,300 million a year ago.

Net loss was PHP 324.04 million compared to PHP 415.64 million a year ago. Basic loss per share from continuing operations was PHP 0.169 compared to PHP 0.228 a year ago. Diluted loss per share from continuing operations was PHP 0.169 compared to PHP 0.228 a year ago.