2GO 2016 net income grows 24% to P1.34B

Apr 18, 2017 1:11 am

LISTED integrated transport solutions provider 2GO Group Inc. said Monday its consolidated net income grew 24 percent to P1.34 billion in 2016 from P1.08 billion in 2015 on the back of sustained revenue growth coupled with improved cost efficiencies.

In a disclosure to the Philippine Stock Exchange (PSE), 2GO said operating income grew 40 percent to P2.53 billion last year from P1.81 billion in 2015.

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