Metro Retail posts P400.7M net income in Q32022

Despite the headwinds brought by Russia’s unprovoked invasion of Ukraine, soaring inflation, rising interest rates, and weakening peso, the Metro Retail Stores Group, Inc. (MRSGI) keeps its growth momentum with a net income of PhP400.7 million for the first nine months of 2022, a turnaround from a PhP306.4 million pandemic-driven net loss in 2021. Quarter-on-quarter, … Continue reading Metro Retail posts P400.7M net income in Q32022