Century Pacific 9 Month 2016 Net Income Grows 44% to Php 2.2 Billion

The Philippines’ largest canned food company, Century Pacific Food, Inc (CNPF), saw its net income increase 44% year-on-year to Php2.16 billion during the nine months ending September 2016. This was driven by sustained growth in its branded food business, generally subdued input costs, and the consolidation of recently acquired coconut subsidiary, Century Pacific Agricultural Ventures, Inc. (CPAVI).

Century Pacific’s profit for the First Quarter grows by 45%

The Philippines’ largest canned food company Century Pacific Food, Inc. (PSE: CNPF) reported net profit of Php636 million during the three months ending March 2016. This is 45% higher versus the same period last year, given strong local demand for the Company’s branded products, subdued prices of key raw materials, and the financial consolidation of newly acquired Century Pacific Agricultural Ventures, Inc (CPAVI).