AllDay Marts, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:42 pm EDT
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AllDay Marts, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 2,455.26 million compared to PHP 2,299.86 million a year ago. Net income was PHP 83.4 million compared to PHP 87.21 million a year ago.
For the six months, sales was PHP 4,896.49 million compared to PHP 4,592.49 million a year ago. Net income was PHP 171.97 million compared to PHP 11.63 million a year ago. Basic earnings per share from continuing operations was PHP 0.01. Diluted earnings per share from continuing operations was PHP 0.01.
AllDay Marts, Inc. is a supermarket operator. The Company is engaged in retailing, merchandising, buying, selling, marketing, importing, exporting, franchising, acquiring, holding, distributing, warehousing, trading, exchanging, or otherwise dealing in all kinds of products and services. The Company operates an in-store and online integrated modern grocery business offering approximately 4,200 local and international product brands that fall under three key categories, namely fresh items, food items and non-food items. It offers value-added services in its stores, such as Paluto, Gastroville, Customer Service Counter and Personal Shopper Service. The Company also operates its own e-commerce platform through www.allday.com.ph. In addition, customers may also do their shopping through the Companyâs personal shopper service. Gastroville is an in-store food hub, curated to reflect international cuisines and is akin to hawker centers found in developed countries.