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Wilcon Depot Inc., the country’s leading home improvement and finishing construction supply retailer, said it is studying plans to expand its footprint across Southeast Asia.
She said that in venturing outside the country, the company would study the different local companies that expanded overseas and became successful. The company is still aiming to surpass last year’s net income of P3.48 billion even as first-quarter profit fell 23.1 percent on lower sales and higher expenses.
The timing of the recognition would depend on the official assessment. The one-time loss may be reversed once it files for insurance claim.
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