Finance

Century Pacific Food Inc. (PSE: CNPF), the Philippines’ largest canned food company, reported a first half net income of Php718 million on the back of strong demand for its products and favorable raw materials costs.

Century Pacific Food Inc. (CNPF), the Philippines’ largest canned food company, reported first quarter revenues of Php 4.5 billion, 21% of its full-year 2014 target.

FY 2014 Unaudited Results Full year net income rose to Php1.57 billion, a 112% increase over the Php744 million in 2013 Total revenues hit Php20.47 billion, an 8% increase from the Php19.02 billion in 2013 Branded revenues grew by 24%, offsetting a 29% revenue drop in the private-label export business. Pricing in private-label export is