GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) said Friday that core net earnings for the first nine months of 2024 grew 7.6 percent to P4.1 billion, from P3.8 billion last year, following improvements in gross profit and operating efficiencies.
GOKONGWEI-LED Robinsons Retail Holdings Inc. said Friday that core net earnings for the first nine months of 2024 grew 7.6 percent to P4.1 billion, from P3.8 billion last year, following improvements in gross profit and operating efficiencies.'Our year-to-date performance reflects the resilience of our staple businesses, particularly in food and drugstores,' RRHI President and Chief Executive Officer Robina Gokongwei-Pe said.
The decline was mitigated by the launch last month of Spatio at Opus Mallj. Spatio is RRHI's new lifestyle vendor, a curated department store that serves the upper-income market.DIY segment net sales in the third quarter also dropped 5.9 percent, while net sales of the specialty segment fell by 8.5 percent, reflecting same-store sales growth declines of 5.2 percent and 8.6 percent, respectively, from these two businesses.
Retail YTD Core Income Hits P4.1B
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Robinsons Retail’s income surged to P7.8b in 9 monthsRobinsons Retail Holdings Inc. (RRHI) saw its net income attributable to equity holders of the parent company surged over threefold in the first nine
Baca lebih lajut »
Gokongwei Group investing P10 billion in luxury hotelsDefining the News
Baca lebih lajut »
RLC investing P10B to boost hotel portfolioROBINSONS Hotels and Resorts (RHR), a unit of Gokongwei-led Robinsons Land Corp. (RLC), plans to invest P10 billion to expand its upscale hotel portfolio in key locations across the country over the next few years.
Baca lebih lajut »
Robinsons Land raises P1.9B from block saleGOKONGWEI-LED Robinsons Land Corp. (RLC) said Friday that it had completed an overnight block placement of some 319 million common shares in RL Commercial REIT Inc. (RCR) at P5.86 apiece for an aggregate gross of about P1.87 billion.
Baca lebih lajut »
Robinsons Land to expand luxury hotel business with P10-billion investmentRobinsons Hotels and Resorts plans to add 990 more room keys to its portfolio
Baca lebih lajut »
A magical retail experience at Disney’s first store in Southeast AsiaDefining the News
Baca lebih lajut »