Fruitas ripe for another record revenue in 2025

Fruitas Holdings Inc. of businessman Lester Yu is ripe for another record high revenue in 2025 following its strong showing at the start of the year.

- By RICHMOND MERCURIO

Yu, president and CEO of Fruitas, told The STAR that the company expects mid-to-high single-digit growth in both revenue and profit this year, generally in line with the company's first-quarter performance.

"This will allow us to surpass annual all-time high revenue recorded in 2024," Yu said.

"However, there is potential upside to this outlook if consumer demand accelerates in the latter half of 2025," he said.

The listed operator of multi-format food and beverage stores is coming off a strong 2024, achieving an all-time high annual revenue of P2.9 billion.

In the first quarter, Fruitas carried over its momentum from last year, generating revenue of P679 million, up by six percent from the same period in 2024, driven by steady operations and continued focus on core business activities.