AC Logistics, a fully owned subsidiary of Ayala Corporation, has announced that its cold storage facility in Cagayan de Oro, in collaboration with Glacier Megafridge, has achieved full utilization, reaching 100 percent capacity. Remarkably, this milestone was reached in less than four months since its inauguration in June 2023. This was disclosed to the Philippine Stock Exchange (PSE) as part of Ayala Corp’s report, highlighting that its year-to-date core net income has already matched its full-year 2019 (pre-pandemic) net income.
Here’s a screenshot of the disclosure.
Read our post below during its inauguration.