April 26, 2017 12:47 AM ET

Marine

Company Overview of 2GO Group, Inc.

Company Overview

2GO Group, Inc., together with its subsidiaries, provides shipping and logistics services in the Philippines and internationally. It engages in the domestic and international delivery of documents and parcels, money remittances, cash, certificate and visas, pouches and boxes, full container and loose cargo, and supply chain services; and warehousing and distribution, asset maintenance, and relocation services. The company also provides project management and consultancy services, such as transportation of heavy and bulk-sized equipment; and logistics services, such as ambient and temperature controlled distribution centers, forward stock locations, ambient and temperature controlled cross-do...

Times Plaza Building

15th Floor

United Nations Avenue corner Taft Avenue

Ermita

Manila,  1000

Philippines

Founded in 1949

Phone:

63 2 528 7412

Key Executives for 2GO Group, Inc.

2GO Group, Inc. does not have any Key Executives recorded.

2GO Group, Inc. Key Developments

2GO Group, Inc., Board Meeting, Apr 19, 2017

2GO Group, Inc., Board Meeting, Apr 19, 2017. Agenda: To approve the setting of AGM; and to approve the appointment of Mr. Sulficio O. Tagud, Jr. as Adviser to the Board.

2GO Group, Inc. Appoints Sulficio O. Tagud, Jr. as Adviser to the Board

2GO Group, Inc. announced at its meeting held on April 19, 2017, the board approved the appointment of Mr. Sulficio O. Tagud, Jr. as Adviser to the Board.

2GO Group, Inc. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016

2GO Group, Inc. reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported net income of PHP 1,339,178,000 against PHP 1,081,328,000 a year ago. Total revenues were PHP 19,275,841,000 against PHP 16,418,049,000 a year ago. Operating income was PHP 2,532,665,000 against PHP 1,805,780,000 a year ago. Income before income tax was PHP 1,954,021,000 against PHP 1,517,201,000 a year ago. Net income attributable to equity holders of the parent company was PHP 1,325,443,000 against PHP 1,069,231,000 a year ago. Basic earnings per share were PHP 0.5419 against PHP 0.4371 a year ago. Net cash flows provided by operating activities were PHP 2,906,754,000 against PHP 1,274,179,000 a year ago. Additions to property and equipment were PHP 2,382,830,000 against PHP 1,151,607,000 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 9, 2016
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