Robinsons Retail Holdings, Inc. Announces Earnings Results for the Quarter Ended March 31, 2018
May 11, 2018 at 03:56 am EDT
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Robinsons Retail Holdings, Inc. announced earnings results for the quarter ended March 31, 2018. For the quarter, the company reported net sales of PHP 28,961 million against PHP 25,723 million a year ago. Operating income was PHP 1,275 million against PHP 1,159 million a year ago. Net income attributable to equity holders of the parent company was PHP 1,211 million or PHP 0.87 per share against PHP 996 million or PHP 0.72 per share a year ago. Core net income was PHP 958 million against PHP 842 million a year ago. EBITDA was PHP 1,847 million against PHP 1,651 million a year ago.
Robinsons Retail Holdings, Inc. is a Philippines-based multiformat retailer. The Company's divisions include Supermarket, Department Store, Do-It-Yourself (DIY), Convenience Store, Drug Store and Specialty Store. The Supermarket division operates under five formats: Robinsons Supermarket, Robinsons Easymart, The Marketplace, Shopwise and No Brand. The Department Store division includes Robinsons Department Store, which offers local and international brands that are grouped into categories, such as shoes, bags and accessories (including beauty and personal care), ladies' and men's wear, children's wear, household items and others. The DIY division includes brands, such as Handyman Do it Best, True Value and True Home. The Convenience Store division operates Uncle John's, which is a 24-hour convenience store chain. The Drug Store division operates three formats: South Star Drug, Rose Pharmacy and TGP. The Specialty Store division is the lifestyle arm of the Company.