Q2 2019 Puregold Price Club Inc Earnings Call Transcript
Ladies and gentlemen, welcome to Puregold's second quarter 2019 results briefing.
John Hao, please begin.
Good afternoon, everyone, and thank you for joining Puregold's first half 2019 results briefing.
I have here with me Mr. Anthony Sy, the President of S&R. And then we believe that we have sent or I have sent out the presentation already this lunch, so I hope you were able to get a copy of the presentation of Puregold. We also have Ms. [Ging Altura], the CFO of S&R, as well joining the call.
So going to Slide 6. As of June 2019, we have opened 12 new Puregold store and 1 S&R warehouse club. We also closed down 1 Puregold store and 1 S&R QSR during the period. We're currently operating 419 stores with about 550,000 square meters of net leasable area.
For our financials, I would like to take note that we have restated our quarterly numbers to PFRS 16 already since the first quarter. We do not give out pre-PFRS numbers, unlike other companies, and our
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