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AllHome nets P1B in 2020



Mar 29, 2021

AllHome Corp. said profit last year reached P1 billion, down 4.76 percent from the prior year’s P1.05 billion.

Sales reached P12.4 billion, up 3 percent from 2019’s P12.04 billion.

Gross margin improved to 31.2 percent in 2020 from 29.9 percent in 2019.

“We are cautiously optimistic with the home improvement industry for 2021. Bolstered by the reopening of the economy and the sustained improvement of our sales since the 3rd quarter of 2020, we resumed with our expansion program.

We also continued with our innovations to take advantage of the recent trends and introduced a new concept for our appliances category, the AllDigital,” said Manuel Villar Jr., AllHome chairman.

 

Read the full article here:  https://malaya.com.ph/index.php/news_business/allhome-nets-p1b-in-2020/

For your home renovation, home repair, and home improvement needs, visit an AllHome store near you. We offer DIY HardwareAppliancesConstruction MaterialsFlooringFurniture, HomewaresLinensSanitary wareDigitals, and more! You may also visit our website and enjoy the hassle-free experience of shopping online through AllHome.com.ph today! AllHome online shopping site offers fast delivery, cash delivery and easy payment terms. You may also follow us on our official Facebook page and Instagram account for more updates. 
You can also visit AllHome Tips! to read our articles about our tips and tricks for home improvement.  

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