METRO Retail Stores Group Inc. (MRSGI) posted a net income of P609.42 million in 2024, slightly lower than the P618.02 million it recorded in 2023, as noncash charges related to its expansion tempered firmer sales.

Net sales in 2024 rose 3.5 percent to P39.62 billion from P38.27 billion in the previous year, buoyed by higher food retail sales and new store openings.

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