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Robust consumption boosts RFM earnings
Manila Bulletin
|April 11, 2025
Food and beverage firm RFM Corp. aims to grow its revenues and bottom line by midto high single-digit percentages this year, driven by growth in its ice cream, milk, pasta, flour, bread, and mixes segments.
In a disclosure to the Philippine Stock Exchange, RFM Chief Executive Officer Jose Ma. Concepcion III said first-quarter 2025 unaudited preliminary numbers showed RFM sustained 2024’s growth momentum, as sales grew by three percent to P4.5 billion and net income jumped 53 percent to P309 million.
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