Metro Retail Q1 Profit Rises on Stronger Sales - BusinessWorld Online
Higher sales and improved margins lifted first-quarter net income to P25.8 million, while same-store sales rose 2.9%, the company said.
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Metro Retail earnings surge 93% in first quarter
MANILA, Philippines — Metro Retail Stores Group Inc. (MRSGI) nearly doubled its first-quarter earnings as stronger margins and steady consumer demand boosted the retailer’s performance at the start of 2026. The Gaisano-led grocery retailer said Monday its consolidated net income after tax surged by 92.5 percent to P25.8 million in the January-to-March period from a year
Metro Retail Q1 profit rises on stronger sales - BusinessWorld Online
LISTED RETAILER Metro Retail Stores Group, Inc. (MRSGI) reported a 92.54% increase in first-quarter (Q1) net income to P25.8 million from P13.4 million a year earlier, driven by higher sales and improved margins. In a statement on Monday, the company said consolidated net sales rose 5.39% to P9.38 billion from P8.9 billion a year earlier. Food retail remained the company’s main growth driver, with sales in the segment rising 6.3%. General mercha…
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