AllDay Marts Inc. posted profit of P394.9 million in 2021, up 80 percent from the prior year’s P219.39 million.
Sales reached P9.46 billion, up 19 percent from P7.93 billion in 2020.
Manuel Villar Jr., AllDay chairman, said the company will continue to focus on growing the business towards its 100-store milestone by 2026.
AllDay currently has 35 stores.
Villar said that AllDay’s earnings before interest, taxes, depreciation and amortization margin was at 9.1 percent, up from 7.9 percent in 2020, driven in large part by lower operation expense and higher sales productivity.
“AllDay’s remarkable growth in 2021 befits our first year on the PSE (Philippine Stock Exchange),” said Camille Villar, AllDay vice chairman.
AllDay listed with the Philippine Stock Exchange in November last year.
