Philippines ro-ro and ro-pax group 2Go has seen first quarter profit boosted by non-vessel operations.

Net earnings were PHP 42.2m ($0.8m), up from a loss of PHP 265.84m in 2017.

Revenue was up 11% to PHP 5.37bn, thanks to its logistics and distribution business, according to Business World.

The figure from its ships fell to PHP 1.9bn, down 18% from 2.32bn