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Metro Retail Stores Group Inc. (Philippines)

Main Activities: General Merchandise Stores
Full name: Metro Retail Stores Group Inc. Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Metro Retail Stores Group Inc. is a company located in Mandaue City, Philippines. It was incorporated in 1982 by Victor Gaisano and his wife Sally. The company started as Gaisano Metro Department Store and Supermarket in Cebu City. Over the years, it evolved into Metro Department Store and Supermarket, also known as Metro Gaisano. Metro is a premier homegrown retailer from Cebu and has expanded to major cities outside of Cebu and the Visayas region, including Central Luzon, Southern Luzon, National Capital Region, Calabarzon, and the Bicol region. The company offers multiple store formats, including Metro Department Store, Metro Supermarket, and Super Metro Hypermarket. Currently, Metro Retail Stores Group Inc. operates 60 stores. The success of the company is attributed to the core values set forth by its patriarch, Victor Gaisano, and the hard work and trust that have built a good name and won customer loyalty. The second-generation Gaisano siblings continue to honor their parents' legacy and uphold the values of hard work and perseverance.

Headquarters
Vicsal Building, Corner Of C.D. Seno And W.O. Seno Streets Guizo, North Reclamation Area
Mandaue; Cebu; Postal Code: 6014

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Website: http://www.metroretail.com.ph

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairman
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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76.62%
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21.45%
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1.2%
Subsidiaries
Vicsal Development Corporation
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
6.18%
Total operating revenue
6.16%
Operating profit (EBIT)
-15.06%
EBITDA
-0.85%
Net Profit (Loss) for the Period
-26.6%
Total assets
7.02%
Total equity
0.49%
Operating Profit Margin (ROS)
-0.45%
Net Profit Margin
-0.25%
Return on Equity (ROE)
-0.41%
Debt to Equity Ratio
4.37%
Quick Ratio
-0.46%
Cash Ratio
-0.43%

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