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Puregold rides stronger consumer spending to 11.6% profit growth
PUREGOLD Price Club, Inc. (PGOLD) said net profit in 2018 rose 11.6%, as the rise in take-home pay as a result of the passage of the tax reform law booted consumer spending.
Puregold to hike capital to P5B
PUREGOLD PRICE Club, Inc. is hiking its war chest to prepare itself for future acquisition opportunities.
Puregold raises P4.7 billion in private share placement
PUREGOLD Price Club, Inc. raised P4.69 billion through top-up share placement to finance its capital expenditures and potential acquisitions for the year.
Higher same-store sales lift Puregold’s net income
EARNINGS of Puregold Price Club, Inc. improved by 9% in the third quarter of 2018, driven by higher consumer spending on account of higher take-home pay under the tax reform law.
Puregold’s remittance unit gets SEC approval
PUREGOLD Price Club, Inc. has secured clearance from the Securities and Exchange Commission (SEC) to incorporate a new subsidiary that will handle its remittance business.
Puregold creates unit for remittance business
PUREGOLD Price Club, Inc. is going into the remittance business through a new subsidiary, PurePadala, Inc.
Supermarket operators report mixed results in first half
Supermarket operators reported mixed results for the first half of 2018, while posting higher same store sales growth (SSSG) for the period. In a statement...
A promising grocery retail market
High consumer confidence, combined with sustained economy, drives the country to become one of the most robust retail markets in the Southeast Asia today....
Puregold drops convenience store
PUREGOLD Price Club, Inc. has sold its stake in the Lawson chain of convenience stores after accepting its Japanese partner’s offer to buy out...
Puregold divests from Lawson brand
Puregold Price Club, Inc. has divested from the Lawson chain of convenience stores, after accepting its Japanese partner’s offer to buyout its 70% stake...
Puregold earns P5.84B in 2017
By Arra B. Francia, Reporter EARNINGS of Puregold Price Club, Inc. grew by 5.7% in 2017, backed by a double-digit increase in sales from its...
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