
Moshi Moshi Lifts First-Half Profit 21.5% as Thai Network Expands
Operating revenue reached 1,654 million baht as the Bangkok-listed lifestyle chain added 37 stores and weighed expansion into neighbouring Southeast Asian markets.
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23 stories in this topic

Operating revenue reached 1,654 million baht as the Bangkok-listed lifestyle chain added 37 stores and weighed expansion into neighbouring Southeast Asian markets.

Revenue rose 17.6 per cent to $938.8 million on rapid network rollout and double-digit sales gains across the Americas and Europe.

Group EBITDA surged 154 per cent to $774.4 million following higher retail fuel margins and the integration of Liberty Convenience.

Parent company SM Prime generated 71.7 billion pesos in first-half revenue across its network of 90 Philippine shopping malls.

Underlying profit reached $34.6 million as the Australian retailer cut net debt by $20 million to $47.6 million.

Full-year sales rose 1.3 per cent to $12.2 billion at Australia’s largest liquor merchant, but deep discounting at Dan Murphy’s and BWS eroded operating profit.

Group revenue rose 23.8 per cent to RMB17.17 billion in the first half, supported by double-digit sales growth across mainland China.
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