Mar 28, 2021

Despite the lockdowns last year, pioneering one-stop shop home store owner AllHome Corporation managed to maintain its profitability with double digit sequential growth in the fourth quarter.

In a disclosure to the Philippine Stock Exchange, the firm said net income was relatively flat at P1 billion last year from P1.05 billion in 2019 while revenues improved 3 percent to P12.4 billion in 2020.

Net income for the fourth quarter of 2020 jumped 28 percent to P399.6 million from the third quarter’s P312.5 millionas revenues also posted double digit growth of 18 percent to P4.1 billion from P3.5 billion in the third quarter.

Read the full article here: https://mb.com.ph/2021/03/28/allhome-maintains-profitability-making-p1-b-in-2020-on-strong-q4/

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For your home renovation, home repair, and home improvement needs, visit an AllHome store near you. We offer DIY Hardware, Appliances, Construction Materials, Flooring, Furniture, Homewares, Linens, Sanitary ware, Digitals, 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.