STRENGTHENING THE CORE
2019 ANNUAL REPORT
DAVAO HEAD OFFICE Stella Hizon Reyes Road Bo. Pampanga, Davao City 8000 Tel. +63 82 224 5373
MANILA OFFICE 18th Floor, Udenna Tower Rizal Drive cor. 4th Avenue, Bonifacio Global City, Taguig City 1634 Tel: +63 2 8403 4015 Fax: +63 2 8403 4022 We are committed to deliver value. We have strategically positioned ourselves as a PhP 6.5B 12 builder of business, and we Total Revenue from Brand-new Shipping Services vessels acquired believe that with our Group which was 34% since 2015 synergy and adaptability, we growth year-on-year will see us through the ups and downs of the industry.
PhP 2B 29% year-on-year increase in EBITDA STRENGTHENING THE CORE
2019 ANNUAL REPORT Original Proponent Status (OPS) Received OPS for Davao Sasa Port and Davao International Airport Modernization Projects
500,726 PhP 8.7B 19% increase in 27% growth in the Worklink's delivery Company's Total Assets transactions PAGE 4 PAGE 1
CHELSEA LOGISTICS AND CHELSEA LOGISTICS AND INFRASTRUCTURECONTENTS HOLDINGS CORP. INFRASTRUCTURE HOLDINGS CORP.
01 02 06 08 Vision Message from President Our Mission the Chairman & CEO’s Businesses & Values & Founder Review
09 10 12 14 Conglomerate 2019 Financial Shipping & Map Milestones Highlights Transport
24 28 Logistics & Areas of Distribution Operations Shipping
30 29 Corporate Social 33 Areas of Responsibility Corporate Operations Governance Logistics
48 49 42 46 Statement of Report of Board of Management Management’s Independent Directors Team Responsibility Auditors
56 64 132 144 Consolidated Notes to Management’s Our Financial Consolidated Discussion & Business Financial Statements Statements Analysis Partners PAGE 4 PAGE 1 About the Cover
CHELSEA LOGISTICS AND CHELSEA LOGISTICS AND INFRASTRUCTURE HOLDINGS CORP. We are only as solid as what we build on. INFRASTRUCTURE HOLDINGS CORP.