Don Quijote Group: Don Quijote reports record net profit driven by tax-free sales

read the original version on: www.retailnews.asia Pan Pacific International Holdings, the company that operates the Don Quijote discount chain, reported on Wednesday a net profit of 66.1 billion yen ($455 million) for the fiscal year ending June, hitting a record profit for the 14 consecutive year thanks to foreign tourist spending. Revenue reached 1.9 trillion yen, and operating profit was at [...] The post Don Quijote reports record net profit driven by tax-free sales appeared first on Retail News Asia.