Dennis Uy's Chelsea Logistics nets P308 million in H1 2019

MANILA, Philippines – Chelsea Logistics and Infrastructure Holdings , the shipping and logistics arm of Dennis Uy's Udenna Corporation, posted a net income of P308 million in the 1st half of 2019, 14.7% lower than the same period last year.

Despite the dip, Chelsea remained optimistic that earnings will improve, noting that ...