Wilcon Depot saw earnings spike from January to September, thanks to higher sales during the period given relatively looser quarantine restrictions, it reported on Wednesday.
The listed firm attributed the larger figure to “higher net sales and gross profit margin partly offset by increased operating expenses.” Given the return of strict quarantine measures, however, net sales during the third quarter slightly dropped by 1.9% to ₱6.6 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cebu City cops ready to meet the challenges of a relaxed quarantine statusCEBU CITY, Philippines -- The Cebu City cops expressed readiness to control the possible influx of people in various establishments following the easement of quarantine restrictions
Source: cebudailynews - 🏆 8. / 71 Read more »
PH shares join Asian rally on global earnings reportsPhilippine shares rose amid Asian optimism, inching closer to 7,300.
Source: ANCALERTS - 🏆 26. / 50 Read more »
Biden administration details new plans for air travel for foreign nationals starting next monthThe change will relax a patchwork of bans that had begun to cause fury abroad and replace them with more uniform requirements for inbound international air passengers.
Source: CNN Philippines - 🏆 13. / 63 Read more »
A look at Kris Aquino's past loves before her celebrated engagementWhile waiting for the wedding of Kris Aquino and Mel Sarmiento, we’re looking back on the actress-host's real and rumored former romances.
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Insurers’ net income up 29.4 percent to P24.6 billion in first half of 2021Insurers’ aggregate bottom line grew 29.4 percent year-on-year to P24.6 billion in the first half of 2021 because of improving economic conditions and more interest in insurance coverage amid a prolonged pandemic, the IC said. | bendeveraINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Malampaya sale to Udenna 'most incredible crony' deal in history: complainantA complainant in the graft case against Energy Secretary Alfonso Cusi, billionaire Dennis Uy and others over the sale of Chevron’s stake in the Malampaya project to Uy’s Udenna Corp said Filipinos should be outraged with the deal. Malamang,davao mafia grp transaction eh. diba share ng Shell yung binili? pano naging crony yun? Laging palpak ang mga luto ni Cusi - nero!
Source: ANCALERTS - 🏆 26. / 50 Read more »