LUCIO CO-LED Cosco Capital Inc. reported record earnings last year as strong sales at its retail arm Puregold Price Club Inc. boosted the company’s consolidated net income by 16 percent from a year earlier.
Cosco reported consolidated net income of P6.24 billion last year, up from P5.36 billion in 2013. Meanwhile, consolidated revenues went up 27 percent to P98.75 billion from P77.79 billion in the previous year.
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