Cosco Capital’s 2023 profit up to P12.4B

MANILA, Philippines — The 2023 earnings of Cosco Capital Inc. – the listed supermarket, liquor, and property holding firm of billionaire Lucio Co – was nearly flat as the high cost of the “aggressive” expansion of its grocery business, its largest income contributor, tempered overall income growth. In a stock exchange filing on Friday, Cosco
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