Puregold net income up 12.5 pct in first half of 2024 | ABS-CBN

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Puregold net income up 12.5 pct in first half of 2024

Puregold net income up 12.5 pct in first half of 2024

ABS-CBN News

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MANILA -- Lucio Co's grocery retail firm Puregold said its net income jumped 12.5 percent to P4.95 billion in the first half of 2024. 

Revenue, meanwhile, jumped 8 percent to P98.5 billion.

The company said this is because of higher traffic in Puregold stores and higher ticket size in its S&R Warehouse clubs.

The company said they ended June with 581 stores nationwide.

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Puregold's net income in the first half of 2023 reached P4.4 billion.


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