Ssi Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 01:05 am EDT
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SSI Group, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was PHP 4,929.605 million compared to PHP 4,673.790 million a year ago. Net income was PHP 175.324 million compared to PHP 150.427 million a year ago. Basic earnings per share was PHP 0.05 compared to PHP 0.05 a year ago. For the half year, sales was PHP 9,850.999 million compared to PHP 9,263.211 million a year ago. Net income was PHP 345.942 million compared to PHP 283.279 million a year ago. Basic earnings per share was PHP 0.1 compared to PHP 0.09 a year ago.
SSI Group, Inc. is a Philippines-based specialty retailer. The Companyâs retail network consists of 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas and Mindanao, with a total gross selling space of approximately 101,184 square meters. The Company's network of stores offers a range of categories and brands, from luxury and bridge apparel to casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care. The Company represents approximately 85 brands, including Hermes, Cartier, and Salvatore Ferragamo for premium luxury apparel and accessories, Zara, Bershka, Stradivarius, Pull&Bear, and Old Navy for fast fashion and others. Its portfolio consists of international brands and retail formats. It owns one property, the Central Square building, which is located at Fort Bonifacio, Taguig, Metro Manila, with a total gross floor area of 33,813 square meters.
SSI GROUP, INC. 
