7-Eleven operator posts 73.8% jump in earnings

By Ed Paolo Salting

Aug 14, 2023 12:32 am

PHILIPPINE Seven Corp., which holds the license to operate 7-Eleven stores in the Philippines, said net income in the first half jumped 73.8 percent to P1.55 billion from P890.41 million a year ago as improved customer mobility drove sales higher.

The company said this allowed it to build on the growth momentum that started in the middle of 2021, enabling it to reverse five straight quarters of decline due to the pandemic.

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