Two Gokongwei Group conglomerates landed in the inaugural Fortune Southeast Asia 500 ranking for 2024, a first-time list of the largest companies in the region ranked by revenue for the 2023 fiscal year. JG Summit Holdings, Inc. (JG Summit) ranked 55th among the 500 largest companies in...
Robinsons Retail Holdings Inc. (RRHI), a member of the Gokongwei Group, reported that its acquisition of Rose Pharmacy Inc. has been cleared by the Philippine Competition Commission (PCC). Under a share purchase agreement dated Sept. 25, 2020, RRHI, through its subsidiary South Star Drug Inc.,...
Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, reported a 26.7 percent growth in attributable net income to a record P5.7 billion last year from P4.53 billion in 2021. In the disclosure to the Philippine Stock Exchange, the firm said its 2022 earnings performance eclipsed the...
Robinsons Retail Holdings Inc. (RRHI), a member of the Gokongwei conglomerate, is set to acquire an additional 4.4 percent stake in Bank of the Philippine Islands worth almost P20 billion bringing the retail firm's stake to 6.8 percent and the entire Gokongwei group's shareholdings in the...
The Securities and Exchange Commission has approved the merger of Robinson’s Supermarket Corp. (RSC), a wholly-owned subsidiary of Robinsons Retail Holdings, Inc., with Robinsons Convenience Stores, Inc. (RCSI). Under the approved terms and conditions of Articles and Plan of Merger, Robinsons...
Robinsons Retail Holdings, Inc. reported a 62.7 percent jump in attributable net income to P4.4 billion in the first nine months of 2022 from P2.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its core net earnings increased by 72.6 percent to...
Robinsons Retail Holdings, Inc. reported a 64 percent jump in attributable net income to P2.7 billion in the first half of 2022 from P1.67 billion in the same period last year due to robust gains from the second quarter. In a disclosure to the Philippine Stock Exchange, the firm said Net sales grew...
DART, a Manila-based Quick-commerce (Q-commerce) provider, has entered into an operational and supply partnership with Robinsons Supermarket as part of its plans to tap the underserved online grocery market in the country. “This partnership with Robinsons is providing an extreme value to our...
Robinsons Retail Holdings, Inc. (RRHI) reported a 24.8 percent growth in attributable net income to P1.2 billion in the first quarter of 2022 from P945 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings per share increased at a faster clip...
Robinsons Retail Holdings, Inc. (RRHI), a member of the Gokongwei Group, reported a 39.2 percent growth in attributable net income to P4.5 billion last year, boosted by its strong performance in the fourth quarter of 2021. In a disclosure to the Philippine Stock Exchange, RRHHI said its net sales...
Two members of the Gokongwei group, Robinsons Land Corporation (RLC) and Robinsons Retail Holdings Inc. (RRHI), have made it to the 2022 Bloomberg Gender-Equality Index (GEI). RLC and RRHI comprise half of the only four listed companies in the Philippines included in this year’s roster, alongside...
Gokongweis buying out Japanese partner in PH Ministop franchise By JAMES A. LOYOLA Robinsons Retail Holdings, Inc. (RRHI) through its wholly owned subsidiary, Robinsons Supermarket Corporation, is buying out its Japanese partner and taking full control of the Ministop franchise in the Philippines....
