Thursday, May 15, 2025

8990 nets P3B

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8990 Holdings Inc. recorded a 133-percent increase in profit in the first half of the year to P3.46 billion from P1.48 billion last year.

Revenues amounted to P10.01 billion, up from 103.87 percent from P4.91 billion last year.

8990 said sales in the first half of the year came mostly from Luzon at P6.74 billion, or 71 percent of the total. Visayas contributed 15 percent of sales at P1.47 billion, while Mindanao’s share was 13 percent at P1.27 billion.

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