ECONOMIC VALUE CREATION
Economic Value We Create
In 2024, we were able to generate Php 76.0 billion in direct economic value, primarily composed of revenues. Sales for the year amounted to Php 75.5 billion, growing by 12% year-on-year, fueled by the strong performance of our OEM Exports segment and the continued resilience of the Branded business.
4% Employee Wages & Benefits
We distributed 4% of the value we generated as wages, salaries, and benefits to our employees, amounting to Php 3.1 billion in 2024.
2% Taxes Given to Government
We distributed Php 1.8 billion in taxes
5% PAYMENTS TO PROVIDERS OF CAPITAL
In 2024, we declared dividends amounting to Php 0.96 per share, effectively double that of the previous year. In total, dividends amounting to Php 3.4 billion were distributed to our shareholders for the year. We also paid Php 147 million in interest payments to our loan providers.
7% Economic Value Retained
Of the Php 76.0 billion economic value that was generated, 7% was retained by the company to reinvest in operations, long-term growth opportunities, and sustainability initiatives.
