Fruitas' 9-month profit up 62%

Fruitas' 9-month profit up 62%

MANILA  -Food kiosk king Lester Yu’s Fruitas Holdings booked a profit spike during the first nine months of the year after posting better margins amid cost pressures caused by soaring inflation. From January to September this year, Fruitas’ net income jumped 62.3 percent from year-ago level to P70.2 million while revenues expanded by 38 percent