Metro Retail posts P400-M net income

By Ed Paolo Salting

Nov 19, 2022 12:15 am

METRO Retail Stores Group Inc. (MRSGI) registered a net income of P400.70 million for the first nine months of 2022, a complete turnaround, from its P306.41 million pandemic-driven net loss in 2021.

MRSGI's net sales also recovered as it went up to P26.71 billion for the first three quarters of the year, an improvement of 25 percent from P21.3 billion last year.

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