Puregold manages to grow profits amid cost constraints

MANILA, Philippines — Grocery retail chain Puregold Price Club of billionaire Lucio Co grew profit in the first quarter by 3 percent to P2.5 billion, a slight increase as expansion costs rose. In a disclosure on Wednesday, Puregold said revenues also went up by 6.7 percent to P47.3 billion. Growth was partly offset by a Read The Rest at :