Cosco Capital, Inc., the retail and liquor-focused conglomerate of tycoon Lucio Co, grew its first-half 2025 net income by 9.3 percent to P7.6 billion as strong grocery and liquor sales powered its portfolio.
Tycoon Lucio Co’s Cosco Capital Inc., the holding firm of Lucio Co, reported a 7.6 percent increase in net income to P3.67 billion in the first quarter of 2025.
Cosco Capital, the retail and real estate holding firm of tycoon Lucio Co, posted a 25-percent jump in net income to P15.5 billion in 2024, driven by stronger sales across grocery and liquor segments.
Cosco Capital Inc. recorded a 10-percent increase in consolidated net income, reaching P10 billion in the first nine months of 2024, compared to P9.1 billion in 2023.