Aug 16, 2021
AllHome Corporation, the pioneering one-stop shop home store in the Philippines, reported double-digit growth in its first half and second quarter results, showing its resiliency during the raging pandemic.
Net income for the first half of the year jumped 133 percent to P641 million on the back of a 39 percent hike in net sales to P6.72 billion from P4.85 billion in the same period last year.
AllHome note that, net income in the first half of 2021 is 48 percent higher than earnings in the first half of pre-pandemic 2019 while net sales if 33 percent better than in the same period of 2019.
In the second quarter of 2021, AllHome’s net sales more than doubled to P3.13 billion from the P1.49 billion generated in the same period last year whike net income surged about 54 times to P297 million from only P5 million in the same period last year.
Read the ful article here: https://mb.com.ph/2021/08/16/allhome-earnings-surge-past-pre-covid-levels/
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