Multi-format retailer posts profit as economy back to normal

THE continued reopening of the economy benefited Robinsons Retail Holdings, Inc. (RRHI) which reported on Thursday a 26.7-percent year-on-year jump in net income to PHP5.7 billion.

In a statement, RRHI dubbed 2022 as “a stellar year” for the company after noting that the rise in net income last year surpassed its 2019 performance by 41.2 percent.

It said earnings per share (EPS) registered a faster expansion of 30.6 percent in 2022 “supported by our ongoing stock buyback program.” chief executive officer (CEO) Robina Gokongwei Pe said the company is “pleased with our operating performance in 2022.”

Consolidated net sales rose by 16.6 percent on an annual basis to PHP178.8 billion due largely to the 11.8 percent increase in same store sales growth (SSSG) and the opening of new stores.

“In 2022, our businesses directly benefited from the economy’s gradual return to normalcy, including back to face-to-face classes in schools, increased travel and tourism, and the first normal holiday season in two years,” the firm said.

“Building on the momentum last year, our company will continue to take advantage of the economy’s return to normal. We will focus on improving store efficiency and increasing market coverage with more stores in the pipeline for 2023,” she added. (PNA)

That the late, ALBERTO EMBOLODE who died in Lapinig, Kapatagan, Lanao del Norte on ________,at the time of his death, left a certain real property, situated in Barangay Calube, Kapatagan, Lanao del Norte and more particularly described as, TRANSFER CERTIFICATE OF TITLE NO. T-9537 Lot 87, Pls-68 Total area: 64,058 square meters, Location: Barangay Calube, Kapatagan, Lanao Del Norte, Boundaries: E.,by Lot 92 of Pls-68; SE., by Lot 93 of Pls-68; S., by Road; NW., by Road and Lots 86 and 88 of Pls-68; has been the subject of EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF REGISTERED LAND, that SILVERA C. EMBOLODE, ROLANDO G. EMBOLODE and AURELIO G. EMBOLODE for and in consideration of the sum of TWO HUNDRED FIFTY THOUSAND PESOS (P250,000.00) receipt of which is hereby acknowledged from the vendees, by these do hereby SELL, TRANSFER, and CONVEY, absolutely and unconditionally, unto BONIFACIO S. PAPEL, also of legal age, married to MARISA C. PAPEL, Filipino, and residing at Purok-4 Lanipao, Lala, Lanao del Norte their heirs and assigns and interest, the above mentioned property containing a total area of SIXTY FOUR THOUSAND FIFTY EIGHT (64,058) square meters, with all the improvements thereon, situated in Barangay Calube, Kapatagan, Lanao del Norte, Island of Mindanao, free from all liens and encumbrances, filed by the heirs of ALBERTO EMBOLODE, per DOC

Similarly, core income also posted a new record after jumping by 39.1 percent to PHP5.3 billion.

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City MA. LILIBETH Z. LUGER CASE NO. R10-EV-TX Applicant 2023-01-115

NOTICE OF HEARING

APPLICANT request for the Extension of Validity of the Certificate of Public Convenience with registration in lieu to operate TAXI SERVICE on the route: Within CAGAYAN DE ORO CITY and from said place to ANY POINT REGION X and Vice Versa and with the use of TEN (10) unit/s.

This application shall be considered by this Board on February 15, 2023

The RRHI said gross profit last year hit PHP42.2 billion, up by 19.8 percent, after it surpassed sales due to “changes in category mix and economies of scale”, it said.

RRHI president and

FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City HENRY WARREN A. LIM CASE NO. R10-NC-PA-TH Applicant 2023-01-058

Trade Name; SHOGUNATE TRUCKING SERVICE NOTICE OF HEARING

APPLICANT request for the Issuance of the Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: from CAGAYAN DE ORO CITY and from said place TO ANY POINT IN REGION

Accessible to motor vehicle traffic and Vice Versa and with the use of One (01) unit/s.

This application shall be considered by this Board on February 15, 2023 at 10:00 at this Board on which date Applicant shall formally submit his/her/its evidence. the

The Applicant shall publish said notice at least Ten (10) Days prior to the date of hearing once in a newspaper of general/ local circulation.

Party(ies) opposed to the approval/ granting of the application must file his/her/its written opposition with supporting documents, unless this Board deems it necessary to require additional documentary evidence and/or his/ her/its oral testimony(s).

WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 30th day of January 2023 at Cagayan de Oro City, Philippines.

PAGE NO.95; BOOK NO.

Party(ies) opposed to the approval/ granting of the application must file his/her/its written opposition with supporting documents, unless this Board deems it necessary to require additional documentary evidence and/or his/ her/its oral testimony(s).

WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 1st day of February 2023 at Cagayan de Oro City, Philippines.

(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING

OFFICER