PSE Market Summary:
The Philippine Stocks Market is up by 55.49 or .85% to close at 6,620.72. Total trades recorded were 39,569 with 75 stocks advances, 94 declines and 52 stocks unchanged.
PGOLD Net Sales Grows 47.4%
Puregold Price Club, Inc. (PSE:PGOLD) posted consolidated net sales of P57.47 billion, compared to P38.988 billion in 2011 or a 47.4% increase. The increase was mainly due to sales coming form newly opened stores. Net income increased by 75.9% from P1.545 billion to P2.718 billion.