Century Pacific’s Top and Bottom Line Increase by Double-Digits in Q3 2019, YTD Revenue and Net Income Growth Pick-Up to 7% and 10% Respectively, Company Affirms Targets for the Year and Invests in Innovations for Future Growth

Century Pacific Food Inc. (CNPF), one of the Philippines’ largest food companies, saw its revenue and net income grow by double-digits during the third quarter of 2019, with top line increasing by 10% and bottom line by 13% for the three months ending September.

Christopher Po speaks about succession planning in the 2019 Family Business Conference

It’s the long-running joke about family-owned and managed corporations among wealth managers: The first generation makes it, the second generation spends it while the third generation blows it.

Companies like the SM Group, Century Pacific Food Inc., Lucio Tan Group and Bounty Fresh Food Inc., however, are determined to not be a punch line in Philippine corporate history.

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.