Friday, February 9, 2018

Metro Retail Stores Group, Inc. (MRSGI)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Metro Retail Stores Group, Inc. (MRSGI)
Sector
Services
Incorporation Date
28-AUG-2003
Subsector
Retail
Number of employees
8188 (Group Total)
Board of Directors
Chairman: Frank S. Gaisano
Website / E-mail
www.metroretail.com.ph / investor.relations@metrogaisano.com
2. Stock Information
Total Assets
11,287,558,463
Market Capitalization
13,374,562,500.00
Total Liabilities
3,763,712,859
Outstanding Shares
3,429,375,000
Retained Earnings
1,588,972,305
Listed Shares
3,429,375,000
Listing Date
Nov 24, 2015
Issued Shares
3,429,375,000
Board Lot
1,000
Free Float Level (%)
26.20%
Par Value
1.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
Vicsal Development Corporation
72.96%
4. Company Descriptions and Business Development
Notes
1. Frank S. Gaisano is the chaimman of Vicsal Development Corp., AB Capital & Investment Corp., and Vistal Investment, Inc.
2. Frank S. Gaisano, Jack S. Gaisano, Edward S. Gaisano and Margaret G. Ang are siblings.
3. Vicsal holds 70% stake of Filipino Fund, Inc.(FFI, a listed company)
Overview
It has 11 stores in Metro Manila and 11 stores in other part of Luzon, bringing the total store count to 50 with total selling space of 225,000 sqm. To support its network expansion, it developed Distribution Centers in Luzon and Cebu.

Business
Revenue contribution in 2016 (in million pesos)
Sales
Rental
Interest and other income
34,410
298
137
98.75%
0.86%
0.39%


Supermarket
It is operating 25 supermarkets with average selling space per store of 1,735 sqm.
Department store
It has 10 department stores with average selling space per store of 10,595 sqm.
Hypermarket
It’s a hybrid between supermarkets and department stores. It has 13 hypermarkets with average selling space of 4,179 sqm.

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...