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Higher expenses pull down Upson 2023 profit to P464.2M

By Inquirer - 8 months ago
MANILA, Philippines — Listed IT and computer equipment retailer Upson International Corp. booked a 13.7-percent decline in 2023 earnings to P464.2 million on higher preopening costs for its new stores despite delivering a record-high top line. In a stock exchange filing on Monday, Upson said it opened 25 new stores last year, 12 of which

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