Wilcon Depot, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 24, 2022 at 09:36 pm EDT
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Wilcon Depot, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 8,780.43 million compared to PHP 6,622 million a year ago. Net income was PHP 1,104.16 million compared to PHP 622.14 million a year ago. Basic earnings per share from continuing operations was PHP 0.27 compared to PHP 0.15 a year ago. Diluted earnings per share from continuing operations was PHP 0.27 compared to PHP 0.15 a year ago.
For the nine months, sales was PHP 24,722.51 million compared to PHP 20,048.28 million a year ago. Net income was PHP 2,960.35 million compared to PHP 1,869.51 million a year ago. Basic earnings per share from continuing operations was PHP 0.72 compared to PHP 0.46 a year ago. Diluted earnings per share from continuing operations was PHP 0.72 compared to PHP 0.46 a year ago.
Wilcon Depot, Inc. is a Philippines-based home improvement and construction supplies retailer. The Company's product offerings include appliances, automotive, building materials, electrical, furniture, home interior, houseware, outdoor living, paints and sundries, plumbing, sanitary wares, tiles, tools, and hardware. The Company's brands include Accusharp, Acme, Air Purifier, Alphalux, Alpine, Ariston, Arkhon, Arm and Hammer, Armaly, Armor All, Arte Ceramiche, Bengal, Boss, Baron, Boss Pet, Basel, Bubba, Bsmall, Cifre, Grohe, Homebasix, Kasch, Pozzi, Quartex, Rocersa, Gardenia, Novabell, Zap, Zircon, Stn, Simple Spaces, Sista, Slime, Softaly, Sol Ceramica, Solignum, Solutherm, Stack On, Stanley, Sterilite, Gardner Bender, and more. The Company offers services, such as air-conditioned shops, ample parking spaces, coffee shops, delivery services, interior design consultation, recreation corner for children, tile-cutting services, product installations and repairs.