Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity.
Monde Nissin chief financial officer Jesse Teo said the company has allocated P7.21 billion for capital expenditures this year, significantly higher than last year’s P3.64 billion.
Of the amount, Teo said P6.2 billion will be dedicated to its Asia-Pacific branded food and beverage (APAC BFB) business.
“I mentioned about a a long term lease that we entered into in the Philippines in Pampanga. That itself is almost a billion right of use assets that we will be booking. That forms a major part,” Teo said.
この記事は The Philippine Star の April 15, 2024 版に掲載されています。
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この記事は The Philippine Star の April 15, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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