Listed Chelsea Logistics and Infrastructure Holdings Corp. recorded a net loss of P345 million in the first quarter, reversing the P139-million income posted in the same period last year as the Taal Volcano eruption and the coronavirus pandemic impacted its operations.

In a disclosure on Tuesday, the Dennis Uy-led firm said revenues inched up by 1 percent to P1.613 billion in January to March from P1.599 billion year-on-year.