COVER SHEET

For Applications at
COMPANY REGISTRATION AND MONITORING DEPARTMENT
Form Type
SEC Form 17-C
A 2 0 0 2 0 1 7 5 6
SEC Registration Number

R O B I N S O N S R E T A I L H O L D I N G S , I N C .

(Company’s Full Name)

1 1 0 E. R O D R I G U E Z J R. A V E.

B A G U M B A Y A N, Q U E ZO N C I T Y

COMPANY INFORMATION
Company Email Address Company’s Telephone Number Mobile Number
corpsec@robinsonsretail.com.ph 8 635 0751 to 64 09988465086

CONTACT PERSON INFORMATION

The designated person MUST be a Director/ Trustee/Partner/Officer/ Resident Agent of the Corporation

Name of Contact Person Email Address Telephone Number/s Mobile Number

Atty. Rosalinda F. Rivera corpsec@robinsonsretail.com.ph 86350751 -64 09988465086

Contact Person’s Address

110 E. Rodriguez Jr. Ave., Bagumbayan, Quezon City
To be accomplished by CRMD Personnel
Date Signature
Assigned Processor ______________ ________________ _________________
______________ ________________ _________________
______________ ________________ _________________

Document I.D.

Received by Corporate Filing and Records Division (CFRD) _______________ ________________

Forwarded to:

Corporate and Partnership Registration Division ____________________ ______________________

Green Lane Unit ____________________ ______________________

Financial Analysis and Audit Division ____________________ ______________________

Licensing Unit ____________________ ______________________

Compliance Monitoring Division ____________________ ______________________

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SECURITIES AND EXCHANGE COMMISSION

SEC Form 17-C

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. February 1, 2024
(Date of Report)

2. SEC Identification No. A200201756 3. BIR TIN: 216-303-212-000

4. ROBINSONS RETAIL HOLDINGS, INC.

(Exact name of issuer as specified in its charter)

5. Philippines 6. (SEC Use Only)

(Province, country or other jurisdiction of Industry Classification Code:
incorporation)

7. 110 E. Rodriguez Jr. Avenue

Bagumbayan, Quezon City,
Metro Manila, Philippines 1100
(Address of principal office) (Postal Code)

8. (632) 8635-0751 to 64
(Issuer’s Tel. No., including area code)

9. 43rd Floor, Robinsons Equitable Tower, ADB Avenue cor. Poveda Street,
Ortigas Center, Pasig City
(Former name or former address, if changed since last report)

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of
the RSA:

Title of Each Class Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

Common 1,457,597,400
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SEC FORM 17-C

ROBINSONS RETAIL HOLDINGS, INC.

11. Item 9 – Other Events

Unaudited Financial Highlights:

For the Twelve Months ended

In ₱ millions
December 31
2023 2022 % change
Net Sales 192,126 178,821 7.4
Gross Profit 45,631 42,282 7.9
EBITDA 16,420 15,878 3.4
Operating Income 8,901 8,698 2.3
NET INCOME 4,656 6,436 -27.7
Net Income attributable to equity
4,125 5,847 -29.5
holders of the parent company
Core Net Earnings 5,587 5,554 0.6

Earnings per share (₱/share)* 2.80 3.93 -28.6

* Based on net income attributable to equity holders of the Parent company. Shares outstanding used in the calculation are
1,472m for FY2023 and 1,489m for FY2022.

• Net sales of Robinsons Retail Holdings, Inc. rose 7.4% to Php192.1 billion in 2023 on
same store sales growth (SSSG) of 3.9% despite inflationary pressures and a high base
in 2022 with the economic reopening. Supermarkets and drugstores were the
company’s main growth drivers.

• Gross profit came in at Php45.6 billion in 2023, higher by 7.9% year-on-year and
growing faster than revenues. This was driven by assortment shifts and sustained
penetration of private label brands. Operating income grew by 2.3% year-on-year to
Php8.9 billion.

• Core net earnings registered flattish growth at 0.6% year-on-year to Php5.6 billion.
Core net earnings exclude foreign exchange gains/losses, interest income from bonds,
equity in earnings from associates, interest expense related to the BPI (Bank of the
Philippine Islands) shares acquisition financing, BPI cash dividends, and others.
Robinsons Retail’s investment in BPI yielded a net positive carry in 2023, significantly
better than earlier expected as borrowings related to the purchase of the BPI shares were
reduced faster than planned.

• Net income attributable to equity holders of the parent company fell by 29.5% year-on-
year in 2023 to Php4.1 billion. The decline is attributed mainly to the reversal of foreign
exchange gains in 2022 to a loss in 2023 with the appreciation of the peso vis-à-vis the
US dollar, the reversal of the equitized earnings in 2022 to a loss in 2023 with the
derecognition of Robinsons Bank’s net income under equitized earnings following the
merger with BPI, and losses from start-up investments.
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• As of end December 2023, Robinsons Retail operated a total of 2,393 stores consisting
of 349 supermarkets, 1,054 drugstores, 50 department stores, 230 DIY stores, 408
convenience stores, and 302 specialty stores. It also has over 2,100 franchised stores of
TGP.

SIGNATURES

Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.

Robinsons Retail Holdings, Inc. February 1, 2024

(Issuer) (Date)

ROSALINDA F. RIVERA
Corporate Secretary
(Signature and Title)