HOME improvement and construction supply company Wilcon Depot Inc. on Wednesday said net income in the second quarter and the first six months of 2024 had fallen as operating expenses outpaced growth in net sales.

In a disclosure, Wilcon said that net income for the first six months was down 16.9 percent to P1.5 billion, from P1.8 billion a year ago, while profit for the second quarter also declined 10 percent, to P770 million from P886 million.

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