2GO erases losses after economy reopens

Logistics service provider 2GO Group Inc. returned to profitability last year after booking a robust revenue growth supported by the economy’s rebound. In a disclosure on Thursday, the SM Investments Corp. subsidiary reported it realized profits amounting to P312 million last year, a turnaround from the P1.14-billion net losses in 2021. Top line figures, meanwhile, … Continue reading 2GO erases losses after economy reopens