Store expansion lifts 7-Eleven H1 profit to P1.84B

MANILA, Philippines — Philippine Seven Corp. (PSC), the local operator of 7-Eleven stores, grew first-half net profit by 3.8 percent as stronger sales and store expansion offset higher operating and interest expenses. On Thursday, PSC said net profit reached P1.84 billion in the first six months, up from P1.78 billion a year earlier. READ: 7-Eleven