Metro Retail Stores Group, Inc. (MRSGI) of Cebu’s Gaisano family reported a 32.6 percent drop in net income to P618 million last year from the P917.3 million earned in 2022. In a disclosure to the Philippine Stock Exchange, the firm said that, in terms of core net income which excludes one-time...
Metro Retail Stores Group Inc. (MRSGI) of Cebu’s Gaisano family has inaugurated and started the operation of its distribution center in Santa Rosa, Laguna as part of the retail firm’s Luzon growth initiative. In a disclosure to the Philippine Stock Exchange, the firm said the Metro Distribution...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) posted a 36.5 percent drop in net income to P254.6 million in the first nine months of 2023 from the P400.7 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said profit decline is...
Metro Retail Stores Group, Inc. (MRSGI) reported a net loss of P318.10 million last year, a 29.2 percent improvement from the P449.60 million net loss it suffered in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its net sales for the year reached P31.21 billion, almost the...
Cebu-based retailer Metro Retail Stores Group Inc. (MRSGI) narrowed its losses to P306.41 million in the first nine months of 2021 from a net loss of P421.87 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that quarter-on-quarter, MRSGI tapered...
Metro Retail Stores Group, Inc. (MRSGI) reported a higher net loss of P181.9 million in the first half of 2021 from the P84.7 million incurred in the same period last year as it continued to reel from the effects of the pandemic. “The prevailing threat of the COVID-19 pandemic undermines the...
Metro Retail Stores Group, Inc.(MRSGI) has partnered with the Department of Trade and Industry (DTI) and various entrepreneurs and organizations to support their products through a succession of events that celebrate Filipino diversity and spirit of service amid the pandemic. The company has...
Cebu-based Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P126.47 million in the first quarter of 2021 from the P7.98 million profit earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said lowered customer traffic due to quarantine...
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P449.6 million last year from the net income of P775.6 million recorded for 2019. In a disclosure to the Philippine Stock Exchange, the firm said the decline was due to a pandemic-driven 15.0 percent decrease in net...
