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 …
Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage manufacturers in the Philippines
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 …
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 […]
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 …
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.
Century Pacific Food, Inc. (PSE:CNPF), one of the leading branded food and beverage companies in the Philippines, announced today the acquisition of ‘Ligo’, a legacy brand known for its range of high quality sardines and other marine products. Under the deal, CNPF will purchase assets and intellectual property related to the manufacturing of ‘Ligo’s’ product …
Century Pacific Acquires ‘LIGO’, A Leading Brand In The Sardine Category Read More »
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