Home improvement and furniture retailer AllHome Corp., said sales of appliance and other essential remain strong despite the challenges brought about by the pandemic.
MANILA – AllHome Corp., a pioneering one-stop shop home store in the Philippines, posted PHP4.85 billion in sales for the first half of 2020, down slightly by 4 percent from the same period last year despite the closure of stores during the enhanced community quarantine (ECQ).
Las Piñas Lone District Rep. Camille Villar today called on Filipino consumers to buy local and support small businesses as she urged the government to simplify loan procedures aimed at helping micro, small and medium-scale enterprises (MSMEs) at this time of pandemic.
Small businesses should be able to immediately tap available financing options as Las Piñas Rep. Camille Villar (Lone District) urged the government to simplify loan procedures to help enterprises continue their operations as they struggle to return a shifting normal amid the pandemic.
VILLAR-LED AllHome Corp. (AllHome) doubled its net income in 2019 to P1.1 billion as revenues surged on the back of an aggressive store expansion.
AllHome Corp., the retail arm of the Villar group, said its income last year doubled to P1.1 billion, from the previous year’s P511.4 million, mainly as a result of its aggressive store expansion in the months leading to its initial public offering.
Villar-led AllHome Corp. saw its net income double to P1.1 billion last year, a 105.3-percent surge from the P511.4-million figure it posted in 2018.
MANILA – AllHome Corp., a pioneering one-stop shop home store, posted a 30-percent jump in net income for the first three months of 2020 to PHP270.2 million from PHP207.1 million for the same period last year.
As more people are encouraged to grow their own gardens in the light of the pandemic, Las Piñas Rep. Camille Villar (Lone District) is pushing for the immediate approval of a bill mandating schools to set up their own backyard farms.