IS resumes PSE trading after meeting reportorial obligations

Island Information & Technology Inc. (IS), a logistics and technology provider, will resume trading on the Philippine Stock Exchange (PSE) on July 7 after meeting reportorial obligations.

The company had been suspended since March 18, 2021, but has now submitted annual reports for 2020 to 2023 and quarterly reports from January 2021 to April 2025.

Despite resuming trading, IS remains nonoperational as management studies the best course of action, with no significant debts to pay.

IS last traded at 14.4 centavos in March 2021 with a market capitalization of P703 million.

The company primarily offers cargo container management and integrated logistics services, with secondary focus on information technology.

According to its latest financial statement, IS has minimal operations and posted losses, accumulating deficits amounting to P157 million as of October 31, 2024.