Century Pacific Posts 15% EBITDA Growth; Revenues Increase by 11% with Branded at Plus 20%; Net Income Up 8% for the Quarter
Century Pacific Food Inc (CNPF), one of the Philippines’ leading food companies, saw consolidated revenues reach Php9.7 billion, an increase of 11% year-on-year during the first three months of 2019. The sustained double-digit growth was driven by the continued outperformance of CNPF’s branded businesses’ sales which grew by 20% versus same period last year.