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    Date: 2024-01-26 11:18:30.271107

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    Date: 2024-01-26 13:01:50.845479

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Average Financial Performance of Department Stores in the Philippines

Requested from SEC by G. Dug-as at 11:18 AM on Jan 26, 2024.
Purpose: Thesis
Date of Coverage: 01/01/2023 - 12/31/2023
Tracking no: #SEC-979587930845

Dug-as 11:18 AM, Jan 26, 2024 

Hi, can I please request for information regarding the financial Performance of Department Stores in the Philippines specifically:
 a. Gross Profit Margin
 b. Return on Assets
 c. Return on Equity
 d. Inventory Turnover

I wish to know the average percentage or number for the mentioned financial performance measures with regards to department stores for the year 2023. Or if possible, the percentages or numbers that are considered as high and low for department stores.

Thank you.

Gonzales 01:01 PM, Jan 26, 2024 

January 26, 2024

Dear G.R.,

Thank you for your request dated Jan 26, 2024 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Average Financial Performance of Department Stores in the Philippines.

We received your request on Jan 26, 2024 and will respond on or before Feb 16, 2024 11:18:30 AM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy05Nzk1ODc5MzA4NDUM, for request with ticket number #SEC-979587930845.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Espiritu 04:00 PM, Jan 30, 2024 

January 30, 2024

Dear G.R. Dug-as,

Greetings!

Thank you for your request dated Jan 26, 2024 11:18:30 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for Average Financial Performance of Department Stores in the Philippines.

Response to Request

The Company Analytics and Statistics Division (CASD), led by Assistant Director Violeta V. Infante, got in touch with you through the email address you have provided, and will gladly assist you regarding your request.

Please feel free to contact CASD through email address casd@sec.gov.ph or telephone number (632) 8818-6117.


Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino/ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Rose Ann Espiritu
FOI Receiving Officer

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