Boulevard Holdings January Sales Up 6%

Boulevard Holdings Inc. (PSE: BHI) has posted sales of PhP14.7 million for the month ended January 31, 2019, up by 6% compared to January of 2018. For the eight months ended January 31, 2019, total sales reached PhP44.12 million, down by 31% compared to the same period last year.

According to Boulevard Holdings, the decrease in sales mainly due to the six-month closure of Boracay, Malay, Aklan for rehabilitation
effective April 26, 2018 and Friday’s Holdings Inc., which owns and operates Friday’s Boracay Beach Resort, is one of the companies affected by the order of the National Government. Friday’s Boracay Beach Resort restarted its hotel operations and hotel facilities on October 30, 2018.

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