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Duty Free PH posts 53% sales growth in 2023

MANILA, Philippines: The Duty Free Philippines Corp. (DFPC) generated $102.9 million last year, posting a 53 percent growth from its $67.3 million sales in 2022.

In a briefing on Tuesday night, DFPC Chief Operating Officer Vicente Pelagio Angala said the agency would double efforts to sustain this momentum and reach $167 million by the end of 2024.