HOME improvement and construction supply retailer Wilcon Depot reported that the company had a record year in 2021 in terms of revenues and income.
In the company's annual stockholders' meeting, Wilcon Depot President Lorraine Belo-Cincochan announced that net sales were at an all-time high P27.5 billion, up 21.6 percent while net income jumped 77 percent to P2.56 billion, also the highest ever for the company. She also reported that the company declared cash dividends of P861 million in February 2022, which pertains to the earnings of 2021.
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