Month: August 2022
Retail

Philippine Seven Corporation – Strong same-store sales growth lifted earnings above pre-pandemic level

Philippine Seven Corporation (PSE:SEVN) – Unaudited results for the second quarter and six months ended June 30, 2022 Strong same-store sales growth lifted earnings above pre-pandemic level PSC registered a significant 39.2 percent growth in same store sales during the second quarter, driven by the improvement in mobility. This allowed the Company to build on

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Holding Firms

AGI POSTS Q2 PROFIT OF P6.6-B, BRINGS 1H EARNINGS TO P12-B

Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, has sustained its strong performance in the second quarter of 2022 with a 24% quarter-on-quarter (QoQ) jump in net income to P6.6-billion as consolidated revenues grew 20% QoQ to P45.1-billion. Net income to owners in the same quarter amounted to P4.4-billion,

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Retail

Metro Retail posts strong recovery with PhP218.9 million net income in first half of 2022

Metro Retail Stores Group, Inc. (MRSGI) sustains its strong 2022 performance amid supply chain disruptions and elevated commodity prices induced by the ongoing threats of the Russia-Ukraine conflict and COVID-19 pandemic. MRSGI capped its second quarter of 2022 with a net income of PhP185.6 million, which is reflective of the significant upward trend in the

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