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BusinessWorld July 29, 2021 | 12:08 am WILCON Depot, Inc. earned P642.97 million in the second quarter, soaring from P23.87 million a year earlier, as sales recovered while the listed retailer’s branches stayed open despite the pandemic lockdown. It also attributed the surge in profit at nearly 27 times year on year — to the expansion of its gross profit margin. “We’re pleased that we were able to sustain our first quarter results despite a quite difficult April, which was the height of the NCR (National Capital Region) Plus quarantine,” Wilcon President and Chief Executive Officer Lorraine Belo-Cincochan said. Meanwhile, sales for the quarter improved by 95.7% to P6.75 billion from last year’s P3.45 billion due to the increased number of transactions, especially in Luzon branches. Its comparable sales grew by 79.7% during the period.

Keren concepciong valmonteLorraine belo cincochanWilcon depot incResearch head christopher john mangunSoutheast equities incNational capital regionChief executive officer lorraine belo cincochanWilcon depotHome essentialsKeren concepcionதென்கிழக்கு பங்குகள் இன்க்தேசிய மூலதனம் பகுதிவீடு அத்தியாவசியங்கள்கர்ரந் கருத்து