Wilcon Depot Inc., a leading home improvement and finishing construction supply retailer, said Monday its first-quarter net income fell 23.1 percent from a year ago, on lower sales and higher expenses.
First-quarter net sales declined 2.5 percent year-on-year to P8.31 billion from P8.53 billion a year ago on lower net sales in March as the long Easter holidays shifted from April to March this year.
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