SSI net income hits 'all-time high'

By Brix Lelis

Apr 16, 2024 12:26 am

SPECIALTY retailer SSI Group Inc. said Monday that it achieved an 'all-time high' net income of P2.58 billion last year, 33.7 percent higher than the P1.93 billion booked in 2022, amid increasing consumer demand and discretionary spending.

Consolidated revenues were up 16.6 percent year on year to P27.7 billion, with the group taking advantage of robust consumer preference for international fashion brands and restaurants.

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