Business NEWS

Cosco Capital, Inc., the listed retail holding firm of Lucio L. Co, reported a 5 percent improvement in consolidated net income to P10.5 billion last year from P10 billion in 2020.

Puregold Price Club reported a slight improvement in consolidated net income to P8.18 billion last year from P8.07 billion in 2020.

Puregold Price Club, Inc. reported a 13.6 percent improvement in consolidated net income to P5.73 billion in the first nine months of 2021 from the P5.05 billion earned in the same period in 2020.

Puregold grew its overall social media following by more than 100 percent during the pandemic, thanks to innovative digital moves that included launching a shopping app and producing entertainment content on its Facebook and YouTube.

Puregold Price Club, Inc., Lucio Co’s retail group, reported a 14.6 percent growth in consolidated net income to P2.02 billion in the first quarter of 2021 from the P1.76 billion earned in the same period in last year.

The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down.

Puregold Price Club, Inc. (PGOLD) reported an 18.9 percent hike in unaudited consolidated net income to P8.05 billion last year from the P6.77 billion earned in 2019 as consumers stocked up on essentials during the pandemic.

The local stock market is seen to trade with a downward bias this week even as investors await the release later in the week of the gross domestic product figure for the fourth quarter of 2020.

PUREGOLD Price Club Inc. continues its commitment to innovate and break new grounds with the launch of the pilot episode of The Puregold Channel’s newest talk show titled Sabado Bago Live which will stream live on Puregold’s official Facebook Page.