AllDay Supermarket, the country’s leading mid-premium supermarket chain, said revenues grew 6.6 percent in the first half of 2023 to P4.90 billion from a year ago.
The chain also reported a significant increase in net income after tax of P172 million from P12 million.
“We are pleased with AllDay’s steady business results for the first half of 2023,” said AllDay chairman Manuel Villar Jr.
“With the return of customers to in-person retail or revenge retail giving rise to many opportunities, our supermarket concept continues to capitalize on a market that is getting a lot more comfortable with spending time shopping in-store again,” he said.
AllDay Supermarket president and chief executive Frances Rosalie Coloma cited the supermarket chain’s operational efficiencies as a key driver in sustaining AllDay’s performance at the halfway mark of 2023.
“Our sustained momentum from our first quarter performance in 2023 is proof of our capability to sustain exceptional results. We continue to rely on continuous improvement of AllDay operations, leaving no stone unturned,” he said.
