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Universal Store Holdings has appointed George Do in the newly created role of Universal Store and Perfect Stranger divisional CEO, effective March 1, after suffering a steep netprofit decline in the first half. The new appointment comes after the group posted a netprofit of $11.3 per cent, which included a $13.6
CP Axtra, the awkwardly-named parent company of Thailands familiar Makro and Lotuss stores and the countrys largest wholesale-retail conglomerate, reported a strong set of results for the fourth quarter of 2024 and for the whole year. Wholesale sales under Makros four different banners grew by 4.7 per cent, and netprofit was 1.3
billion although tax-paid netprofit fell 20 per cent to $244.1 Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55
A new business won’t survive long if it doesn’t have solid cash flow and a good accounting system in place. To that end, a panel of Young Entrepreneur Council (YEC) members answered the following question: “What’s one accounting mistake that new business owners might tend to make, and why? How can they fix it?”
The exclusive licensee for 7-Eleven stores in Thailand is CP-All, a subsidiary of Charoen Pokphand Group that also owns the Makro wholesale and Lotus’s retail businesses. In all, non-food categories account for 25 per cent of store sales. Netprofit was 6.2 The convenience store business raked in 105.9 billion baht ($176.6
This year, Central plans to open four new home-improvement stores, 10 supermarkets/food halls and four Go Wholesale warehouses in Thailand, plus two Go! Omnichannel grew by another 10 per cent, year over year in the fourth quarter and now accounts for 20 per cent of company sales. billion baht, and netprofit by 1.3
But within a few weeks, the local non-Asian population was accounting for four out of every five sales. But we tested the market with a local wholesaler and via e-commerce and we realised it had a lot of potential.”. million, and netprofit attributable to shareholders grew 70 per cent, to $US157.2 Its revenue rose 49.3
. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its netprofit slid more than 20%. WBA’s netprofit of $703 million, or 81 cents a share, was down from $883 million, or $1.02 percent, and the Germany wholesale business growing 7.5 Gross profit decreased 0.7
The company posted a netprofit of $1.2 per share, compared with a net loss of $1.71 Pharmacy sales, which accounted for 75.7% on a constant currency basis, which includes the impact of the company’s wholesale joint venture in Germany, which was consolidated as of November. billion, or $1.38 billion, or $1.95
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