Villar's Allday supermarket logs P4.90B revenues in first half

Villar's Allday supermarket logs P4.90B revenues in first half

ALLDAY Supermarket reported revenues of P4.90 billion for the first half of 2023, growing 6.6 percent versus the first half of 2022.

The chain also reported a significant increase in the first half of 2023 net income after tax (NIAT), recorded at P172 million.

The first half 2022 income was reported at P12 million.

AllDay chairman Manuel Villar Jr. anchored the store’s positive performance to the return of customers to in-person retail or revenge retail.

AllDay has also announced that cash dividends will be distributed to stockholders equivalent to 20 percent of fiscal year 2022 NIAT. (PR)

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