Robinsons Retail Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 07:46 pm EDT
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Robinsons Retail Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 42,943.52 million compared to PHP 35,831.9 million a year ago. Net income was PHP 1,557.3 million compared to PHP 723.89 million a year ago. Basic earnings per share from continuing operations was PHP 1.04 compared to PHP 0.47 a year ago. Diluted earnings per share from continuing operations was PHP 1.04 compared to PHP 0.47 a year ago.
For the six months, sales was PHP 82,366.53 million compared to PHP 71,447.71 million a year ago. Net income was PHP 2,736.91 million compared to PHP 1,669.05 million a year ago. Basic earnings per share from continuing operations was PHP 1.83 compared to PHP 1.08 a year ago. Diluted earnings per share from continuing operations was PHP 1.83 compared to PHP 1.08 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.
ROBINSONS RETAIL HOLDINGS, INC. 
