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Its fourth-quarter revenue fell 4% to 3.3 trillion pesos, hit by a lower income at its Home Improvement and Department Stores divisions, it said.
The company’s consolidated earnings before taxes, interests, depreciation and amortization (EBITDA) fell 53.6% to 224.3 billion pesos in the quarter.
The firm added it plans to invest $664 million in 2023, and open 11 stores.
(1 dollar = 859.51 pesos at end-December)
