date:Jul 22, 2014
The Philippine licensee of the 7-Eleven chain of convenience stores grew its profit by a fourth in the second quarter of the year on higher same-store sales.
In a disclosure to the Philippine Stock Exchange, Philippine Seven Corp (PSC) said its net income rose to P224 million in the April to June period from P179.80 million in the same period last year.
This pushed earnings to P323.90 million in the first half of the year, up by nearly a tenth from P296.10 million in the same period in 2013.