Finance

Century Pacific Caps Off 1H21 with Double-Digit 21% Earnings Growth

Century Pacific caps off 1H21 with double-digit 21% earnings growth ● Revenues up by 8% driven by sustained volumes and surging exports despite a high 2020 base ● OEM export sales grew by 29%, driving consolidated revenues ● Aims to deliver a double-digit net income growth by year end Century Pacific Food, Inc. (PSE:CNPF), one …

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Century Pacific Food Inc. (CNPF) Among Asia Pacific’s Top 500High-Growth Companies

BusinessWorld online published a feature on Financial Times’ 2021 Top 500 High-Growth Companies in Asia Pacific. Century Pacific Food Inc. (CNPF) and its sister company, Shakey’s Pizza Asia Ventures Inc. (PIZZA), made the list along with 18 other Filipino companies. For the first quarter of 2021, CNPF posted a strong growth with net income up …

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Century Pacific Returns to the MSCI Philippine Small Cap Index

Century Pacific Food, Inc (CNPF), one of the Philippines’ leading branded food companies, is set to reenter the MSCI Philippine Small Cap Index by the close of May 27, 2021. “We are excited about the prospect of attracting more investors to our story,” said Century Pacific’s Chief Financial Officer Chad Manapat. CNPF’s recent inclusion was …

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CNPF starts the year strong with net income up 24%; Sees upside to earnings growth target for 2021

Double-digit topline growth despite a high 2020 base Gross margin expansion and lower taxes support investment in capacity and innovations Implementation of CREATE pushes potential 2021 earnings growth above 15% Century Pacific Food, Inc. (CNPF), one of the country’s leading branded food companies, starts 2021 strong, ending the first quarter with net income of Php1.3 …

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