LISTED retailer Robinsons Retail Holdings Inc. (RRHI) said net income in 2016 rose by 11.6 percent from the year earlier on strong sales.

In a disclosure to the Philippine Stock Exchange on Monday, RRHI said its net income attributable to equity holders reached P4.85 billion last year from P4.34 billion in 2015. Net income after tax was up by 13.8 percent year-on-year at P5.2 billion.

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