Aug 16, 2021

AllHome Corp., the listed retail arm of the Villar Group, said its income in the first semester more than doubled to P641 million, from the previous year’s P275.65 million on higher sales and margins.

For the first half, AllHome said its sales grew 39 percent to P6.72 billion from P4.854 billion last year.

For the second quarter alone, its sales doubled to P3.13 billion from last year’s P1.48 billion.

The resumption of economic activities in the second quarter has allowed AllHome stores to operate under reduced hours. The company said this was a big improvement from last year, when it was forced to close its branches in Luzon.

Read the ful article here: https://businessmirror.com.ph/2021/08/16/allhome-h1-income-surges-to-p641m-on-higher-sales/

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