Puregold 9-month profit rises to P7.3B

MANILA, Philippines – Puregold Price Club Inc. saw its earnings in the first three quarters rise by 5.6 percent amid sustained topline growth. In a disclosure Monday, the Tycoon Lucio Co-led retailer said its consolidated net income reached P7.3 billion, up from the previous P6.9 billion. READ: Puregold net income up 7.1% to P5.3 billion in first half Consolidated revenues also climbed 10.6 percent to P168 billion from P152 billion, after recording robust sales growth and stronger traffic. It ended September with 772 stores across the country, with the bulk, or 673, are Puregold stores. ... Keep on reading: Puregold 9-month profit rises to P7.3B