Finance

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 […]

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

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,

Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage companies in the Philippines, posted a 13% topline growth […]

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

CNPF posts 10% top and bottomline growth in 1Q22 versus the same period last year Branded segment sales outperformed, posting double-digit growth driven by the Company’s value for money brands and the essentials and staples nature of its portfolio EBITDA clocked in a 15% growth year-on-year Century Pacific Food, Inc. (PSE: CNPF), one of the

Century Pacific Food, Inc. (PSE:CNPF), one of the Philippines’ leading branded food and beverage companies, posts a strong finish in 2021, registering another year of strong growth in spite of an extraordinary performance back in 2020.