Metro Retail Stores Posts Increase in Operating Income in Q1 2020
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) posted a P24.3 million increase in operating income in the first quarter of 2020.The growth was driven mainly by a 10 percent increase in revenue and a lower increase rate of operating expenses at 4.6% due to disrupted operations brought about by...
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