Mar 29, 2021

The earnings of Villar-led AllHome Corp. stood at P1 billion last year, slightly lower than the P1.05 billion it posted a year ago.

Despite the year-on-year shed, the listed home improvement in a statement said it recorded double-digit growths in the fourth quarter.

AllHome’s net income in the fourth quarter rose by 28 percent to P399.6 million from P312.5 million in the third quarter.

Its revenues for the period also gained 18 percent to P4.1 billion from P3.5 billion quarter-on-quarter.

The company’s full year sales, meanwhile, inched up by 3 percent to P12.4 billion.

Read the full article here:  https://www.manilatimes.net/2021/03/29/business/stock-watch/allhome-sees-p1-b-profit-in-2020/856619/

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