Total revenues during the past year rose 8.8 percent to P214.5 billion.
Despite a decline in net income for the grocery retail segment Puregold Price Club and S&R Membership Shopping Club by 7.4 percent to P8.6 billion, the overall operating performance across all business segments remained robust.
The grocery and supermarket segment was still the primary earnings contributor at 69 percent of total net income.
This was followed by liquor distribution with 24 percent and the commercial real estate segment, accounting for 7 percent.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
