Wilcon earnings down 3.3% to P2.4B in 2025

MANILA, Philippines — Home improvement retailer Wilcon Depot Inc. saw its 2025 net income decline by 3.3 percent to about P2.45 billion, even as sales grew amid a challenging economic backdrop. The Belo family-led firm disclosed on Monday that net sales had risen by 3.7 percent to P35.44 billion last year, driven mainly by new stores. Same-store sales growth, however, remained flat. The retailer’s earnings dipped as operating costs rose and margins softened. This was as the broader economy grew way below expectations, with the flood control scandal constraining government spending. READ: Philippine GDP growth slumps to post-pandemic low of […]... Keep on reading: Wilcon earnings down 3.3% to P2.4B in 2025

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