US EditionBalai ni Fruitas profit up 16% on expansion, higher revenue - BusinessWorld Online
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Balai ni Fruitas profit up 16% on expansion, higher revenue - BusinessWorld Online
LISTED counter-service bakery operator Balai ni Fruitas, Inc. said its net income rose by 16% to P68 million last year from P59 million in 2023, driven by expansion efforts and higher revenue. Revenue grew by 25% to P668 million from P535 million in 2023, supported by better same-store sales and retail expansion initiatives, Balai ni Fruitas said in a stock exchange disclosure on Monday. The company ended 2024 with 132 stores nationwide across i…
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