Chelsea cuts loss; DITO CME incurs P1.8-B loss

DENNIS A. Uy’s DITO CME Holdings Corp. incurred an attributable net loss of P1.81 billion for the third quarter, a reversal of its P14.64-million profit in the same period last year. Chelsea Logistics and Infrastructure Holdings Corp., his shipping and logistics company, cut its attributable net loss for the quarter to P1.13 billion from a loss of P1.32 billion in 2020.

In a stock exchange filing on Tuesday, DITO CME said it consolidated the financials of DITO Telecommunity Corp. into the company in the third quarter of the year, making it part of the reporting of its financial results.