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AllHome income soars to P582 million in 9 months

Nov 17, 2023

MANILA, Philippines — AllHome, the one-stop, full-line home center of the Villar Group, reported a net income of P582 million in the nine months to September, growing by 46 percent as the company raked in P8.780 billion in revenue during the period on the back of the steady recovery of the economy as more restrictions were eased.

AllHome chairman Manuel Villar Jr. said he expects the last quarter to be even better given the traditional holiday spending.

“We are heading into the last quarter of 2023 – historically strong for AllHome – and beyond that, a positive 2024 outlook. We are pleased that we are able to turn in a steady performance to close 9M2023,” Villar said.

Read the full article here: https://www.philstar.com/business/2023/11/17/2311982/allhome-income-soars-p582-million-9-months

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