RRHI first-half profit falls 6.4% to P2.6B

MANILA, Philippines — Robinsons Retail Holdings Inc. (RRHI) reported a 6.4 percent drop in its first-half core net income as higher operating expenses and the Middle East conflict weighed on its performance. On Friday, the Gokongwei-led retailer said it booked P2.6 billion in core net income from January to June. READ: Robinsons Retail posts higher