Robinsons Retail core profit up as of end-Sept

By Brix Lelis

Oct 27, 2023 12:24 am

ROBINSONS Retail Holdings Inc. saw core net earnings for the nine months ending September improve by 4.0 percent to P3.79 billion from last year's P3.64 billion on the back of an 8.7-percent growth in net sales.

In a disclosure on Thursday, Robinsons Retail reported that net sales increased to P138.2 billion from P127.09 billion a year earlier, complemented by same-store sales growth of 5 percent and store expansion efforts.

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