Puregold and S&R’s operator Cosco Capital, Inc. landed the 95th spot in Fortune Magazine’s first Southeast Asia 500, 10th among the Philippine companies that entered the list.
In 2023, the company logged $3.858 billion in revenue across its businesses in the fields of retail, real estate, liquor distribution, oil and mineral exploration, and other specialty enterprises.
“It’s an honor to be part of Fortune’s first-ever Southeast Asia 500 because this achievement means that our hard work and efforts have translated to sales and strong market support,” said Leonardo Dayao, President of Cosco Capital Inc.
“We stand tall with the other Filipino companies and the rest of our neighbors in the region that made the list.”
Cosco Capital attributes its investment growth to several key factors that include the opening of more Puregold stores in provincial areas, expanding market reach and visibility, and the implementation of more wholesale initiatives and competitive pricing system.
“We want to assure our customers, partners, and investors that we will take this as a big opportunity for more growth and a stronger market presence in the coming months,” Dayao added.