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Southeastasia Retail Inc (Philippines)

Main Activities: Other Miscellaneous Nondurable Goods Merchant Wholesalers
Full name: Southeastasia Retail Inc Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Southeastasia Retail Inc is the operator of Landers Superstore, a chain of membership-only warehouse clubs and an associated online superstore in the Philippines. The company's business model combines large-format physical clubs, typically ranging from approximately 8,000 to 10,000 square meters, with a digital platform that offers same-day delivery and in-store price parity. Its stores and online marketplace carry a broad assortment of merchandise, including grocery staples, imported and specialty food, fresh and frozen products, health and beauty items, household and cleaning products, home and outdoor goods, electronics, apparel, bakery and foodservice offerings, and pharmacy services, catering to both individual members and business customers. Landers Superstore has expanded its footprint from Metro Manila into fast-growing urban and suburban areas, operating multiple branches in key cities and integrating new locations in major mixed-use estates to capture emerging consumer catchments. The company's strategic focus is to differentiate itself in the Philippine modern retail landscape through a curated selection of international and premium brands, member-exclusive pricing and promotions, and a “one-stop” shopping environment that combines retail, dining and service experiences. By coupling physical clubs with a robust e-commerce and delivery infrastructure, Southeastasia Retail positions Landers as a premium yet value-oriented membership retail concept aimed at affluent households, entrepreneurs and corporate customers nationwide.

Legal Address
11F Tech Tower Sumilon Road corner Camiguin Road Cebu Business Park Cebu City
Cebu City; Cebu; Postal Code: 6000

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
November 19, 2014
Key Executives
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Chairman
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President
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Other
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Other
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Other
Ownership Details
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62.97%
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37.03%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
32.41%
Total operating revenue
32.8%
Operating profit (EBIT)
-95.82%
EBITDA
-95.82%
Net Profit (Loss) for the Period
-500.5%
Total assets
34.03%
Total equity
-40.93%
Operating Profit Margin (ROS)
-3.77%
Net Profit Margin
-3.63%
Return on Equity (ROE)
-62.83%
Debt to Equity Ratio
1055.34%
Quick Ratio
-0.72%
Cash Ratio
-0.2%

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