Dali operator ends 2025 with ₱1.03 billion capital shortfall
The Philippine grocery company reported lower annual losses while planning further store expansion and tighter cost controls.
A ₱1.03 billion capital deficit marked the end of 2025 for Hard Discount Philippines Inc., operator of Dali Everyday Grocery, its financial statement showed. The company reported liabilities of ₱26.44 billion against assets worth ₱25.41 billion.
Auditor Sycip Gorres Velayo and Co. flagged material uncertainty, saying the financial conditions could raise significant doubts about whether the business could continue operating. It said the company might be unable to recover its assets or meet its liabilities through ordinary operations.
Losses accumulated across five years of operations totalled ₱7.07 billion, a rise of 34.92% from ₱5.24 billion through 2024. The loss for 2025 was smaller, falling by 7.05% to ₱1.83 billion from the previous year's ₱1.97 billion.
Hard Discount attributed the expected losses to the initial phase of its large-scale expansion strategy. It intends to open additional stores and tighten cost-efficiency measures, aiming to become profitable over the long term through economies of scale.
Funding from parent HDPM Sin Pte. Ltd. included a loan of ₱573.8 million in August 2025, which Hard Discount used for general corporate purposes. The parent also injected ₱1.67 billion in cash during 2025.
