- | $RRHI net income dropped by +22.5% to P3.36B in the first 3 quarters of 2019
- | Net sales rose by +26.5% to P116.16B from the year-earlier P91.87B |
- | Net income attributable to the parent company slipped by -25% to P2.88B in the first 9 months |
| Not good for $RRHI |
Robinsons Retail Holdings Inc. saw its net income drop by 22.5 percent to P3.36 billion in the first three quarters of 2019 from P4.35 billion in the same period last year despite booking higher net sales.
Net income attributable to the parent company slipped by 25 percent to P2.88 billion in the first nine months from P3.83 billion a year ago. Core net profit slid by 22.5 percent to P3.36 billion in the January-to-September period from P3.52 billion year-on-year.
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November 7, 2019 1:59 pm