LISTED Robinsons Retail Holdings Inc. saw its net income drop by 22.5 percent to P3.36 billion in the first three quarters of 2019 from P4.35 billion in the same period last year despite booking higher net sales.

In a disclosure on Tuesday, the Gokongwei-led retail giant said its net sales rose by 26.5 percent to P116.16 billion from the year-earlier P91.87 billion on the back of improved same-store sales growth (SSSG).