Wilcon Depot, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 01, 2021 at 01:35 pm IST
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Wilcon Depot, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was PHP 6,840 million compared to PHP 6,441 million a year ago. Operating income was PHP 792 million compared to PHP 787 million a year ago. Net income was PHP 563 million compared to PHP 581 million a year ago. For the full year, sales was PHP 22,629 million compared to PHP 24,476 million a year ago. Operating income was PHP 1,995 million compared to PHP 2,792 million a year ago. Net income was PHP 1,449 million compared to PHP 2,125 million a year ago.
Wilcon Depot, Inc. is a Philippines-based home improvement and construction supplies retailer. The Company's product offerings include appliances, automotive, building materials, electrical, furniture, home interior, houseware, outdoor living, paints and sundries, plumbing, sanitary wares, tiles, tools, and hardware. The Company's brands include Accusharp, Acme, Air Purifier, Alphalux, Alpine, Ariston, Arkhon, Arm and Hammer, Armaly, Armor All, Arte Ceramiche, Bengal, Boss, Baron, Boss Pet, Basel, Bubba, Bsmall, Cifre, Grohe, Homebasix, Kasch, Pozzi, Quartex, Rocersa, Gardenia, Novabell, Zap, Zircon, Stn, Simple Spaces, Sista, Slime, Softaly, Sol Ceramica, Solignum, Solutherm, Stack On, Stanley, Sterilite, Gardner Bender, and more. The Company offers services, such as air-conditioned shops, ample parking spaces, coffee shops, delivery services, interior design consultation, recreation corner for children, tile-cutting services, product installations and repairs.