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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 183803 [Title] => Uniwide cuts losses by 18% in 1st 9 months [Summary] => Cash-strapped warehouse club operator Uniwide Holdings Inc. said its net loss dropped by 18.14 percent during the first nine months of the year to P239.75 million, thanks to effective cost-cutting and cash-saving measures implemented by the company to stay afloat in the highly-competitive retail industry.
Based on a quarterly report filed with the Securities and Exchange Commission (SEC), Uniwide attributed the improvement in its financial performance to lower expenses.
[DatePublished] => 2002-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | November 13, 2002 - 12:00am
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