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The Group’s share of Yonghui’s underlying losses was US$33 million for the year, compared to a US$36 million share of underlying losses in the prior year. Robinsons Retail’s underlying profit contribution was US$17 million, up 15% year-on-year.
Robinsons Department Store at Robinsons Magnolia in Quezon City, The Philippines
Robinsons Retail’s profit increased by 15%, while Yonghui’s losses narrowed to US$33 million
The Group’s share of Yonghui’s underlying losses was US$33 million for the year, compared to a US$36 million share of underlying losses in the prior year. Continued macro headwinds and intense competition led to lower LFL sales. The reduction in losses was underpinned by ongoing cost optimisation, partially offset by a decline in gross margin. The divestment of the Group’s minority stake in Yonghui was completed in February 2025.
Robinsons Retail’s underlying profit contribution was US$17 million, up 15% year-on-year. Robinsons Retail reported low single-digit growth in LFL and robust growth in operating profit driven by the Food and Drugstore segments. Reported profit contribution grew close to 90% year-on-year, supported by one-off gains following the BPI-Robinsons Bank merger in early 2024.
Yonghui supermarket in Tianhe Plaza, Fuzhou City, Chinese mainland
