Century Pacific Sustains Growth Performance In 1h24
Sales Up by 13% Due to Continued OEM Recovery and Branded Resilience Net Income Improves by 14% Year-on-Year Details here
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Finance
Century Pacific Kicks Off 2024 with 16% Revenue Growth in 1Q
OEM Exports Recover and Branded Delivers Consistent Performance Amid Inflationary Pressures
Net Income increases by 15% year-on-year
Century Pacific Kicks Off 2024 with 16% Revenue Growth in 1Q Read More »
Century Pacific Delivers Profitable Growth in 2023 Amid Headwinds from Inflation
Net Income Up by 12%, Revenues Rise by 8% Fueled by Double-Digit Growth in Branded Business Audited revenues amounted to Php 67.1 billion, expanding by 8% year-on-year from a high 2022 base, driven by the resilience of the Branded business. The Branded segment bolstered topline with a year-on-year (YoY) growth rate of 11%, offsetting the
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CNPF Earnings Gain Momentum in the Third Quarter, Branded Business Sustains Resilient Performance
Year-to-date consolidated revenues were up by 7% year-on-year, driven by the Branded Business which grew by 12%. Branded sales sustained growth momentum in 3Q23 with an increase of 14% compared to the same period last year, leading CNPF topline to grow by 7% for the period. Gross margins continued to demonstrate a sequential improvement in
CNPF edges up in 2Q23 on the back of a resilient Branded business; Sales rise 9% and profits improve 10% year-on-year
Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage manufacturers in the Philippines
CNPF delivers resilient growth despite a high base and inflationary pressures in 1Q23; Revenues increase by 6% and EBITDA improves by 7% year-on-year
Earnings before interest, taxes, depreciation, and amortization (EBITDA) as a percentage of sales was sustained at 14.7%, modestly improving by 20 basis points year-on-year, on the back of optimized OPEX spending. As expected, gross margin contracted to 23.6%, due to the inventory carryover from 2022, but efficient operations led to a sustained net profit margin
Century Pacific continues growth momentum in 2022 despite market challenges; Delivers 14% topline and 6% profit growth
Based on 2022 preliminary unaudited results, CNPF achieved revenue growth of 14% year-on-year. The Branded segment outperformed, delivering a 16% increase versus the prior year driven by resilient domestic demand for value-for-money goods. Gross margin was largely sustained at 23.1%. Net income reached Php 5.0 billion, a 6% growth rate versus 2021. Century Pacific Food,
CNPF sustains double-digit sales momentum in 3Q22 led by the Branded segment as demand for affordable staples remains resilient
Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage companies in the Philippines, posted a 13% topline growth […]
Century Pacific Honored as One of the Best Consumer Staples Companies in Asia Ex-China by Institutional Investor
Century Pacific Food, Inc. (PSE: CNPF), one of the largest branded food companies in the Philippines, was once again recognized as an Honored Company in the Institutional Investor’s (II) 2022 All-Asia Executive Team survey. This year, CNPF ranked third overall among all Asia ex-China consumer staples companies and was recognized in multiple award categories within
CNPF posts robust double-digit topline growth in 1H22, Led by Branded businesses Milk, Marine, and Meat
1H22 revenues up by 15% versus the same period last year as CNPF accelerated in 2Q22 with a 20% topline increase year-on-year. 2Q22 Branded business resilient at 19% revenue growth compared to 2Q21, while OEM exports rebounded at 25% increase versus the same period last year. Input prices still elevated but select major raw material
