Puregold Price Club, Inc. Reports Earnings Results for the Half Year Ended June 30, 2023
July 24, 2023 at 07:16 pm EDT
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Puregold Price Club, Inc. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was PHP 91,231 million compared to PHP 82,236 million a year ago. Net income was PHP 4,400 million compared to PHP 4,199 million a year ago.
Puregold Price Club, Inc. is engaged in the business of trading goods, such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods and others) on a wholesale and retail basis. The Company operates in the retailing business segment. Its stores are divided into four store models: Hypermarket, Supermarket, Extras and Minimart. It has over 525 retail stores, consisting of 452 Puregold Stores, 22 S&R Membership Shopping Warehouses and 51 S&R New York Style Pizza (QSRs). Hypermarkets offer food and non-food products to retail customers and small business owners (stores include mini-marts, cafeterias, restaurants, bakeries, pharmacies). The Supermarket is primarily located in residential areas and offers a higher proportion of food to non-food products. It maintains two online platforms called, Sally and Rappit and is affiliated with other online delivery platforms, such as Pick-a-roo, Metromart, Lazada, and Shopee.
PUREGOLD PRICE CLUB, INC. 
