2GO starts to reopen stores nationwide

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2GO Group

2GO GROUP, Inc. has begun reopening its stores nationwide, the shipping and logistics provider said on Wednesday.

“As we start the new normal of doing business, kami po ay unti-unting nagbubukas ng aming mga 2GO stores para sa mga serbisyo tulad ng pag-book ng ticket, pagpapadala ng documents and parcels, same day delivery, bills payment at freight & cargo requirements sa 2GO Express,” the company said in an advisory.

(We are gradually reopening our 2Go stores to offer services such as ticket booking, delivery, and processing of freight & cargo requirements.)

It added: “May mga guidelines din po kaming ipinapatupad para sa inyong kaligtasan at kalusugan, maaari lamang pong sundin ang mga ito habang kayo ay nasa loob ng ating mga stores.”

(There are guidelines we are implementing to ensure the safety of everybody. Please follow the guidelines while you are inside our stores.)

2GO announced on May 16 that its passenger voyages to and from the Philippine capital on that day until May 31 had been cancelled due to the implementation of the modified enhanced community quarantine in Metro Manila and Cebu.

The listed shipping and logistics provider posted a net loss of P892 million last year, a 39% improvement from its net loss of P1.47 billion in 2018 as it completed “a series of restructuring activities.”

2GO also reported a 9% increase in revenue for 2019 to P21.41 billion from P19.67 billion. The company attributed its revenue growth to the continued demand for services and goods.

The company said that for 2020, it would continue to focus on improving core services and profitability.

It added that it “aims to gradually build expertise for new services and industry verticals to better respond to market demand.” — Arjay L. Balinbin