Axelum posts coconut product profit surge

Axelum Resources Corp., the country's leading manufacturer and exporter of coconut food products, reported an 88-percent surge in net income to ₱636 million in the first nine months of 2025 due to higher volumes and selling prices.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange (PSE), the affiliate of Metro Pacific Investments Corp. (MPIC) said its sales jumped 48 percent to ₱7.6 billion in the first nine months of 2025, eclipsing the full-year 2024 topline, anchored on robust volume growth and higher average selling prices across major product categories.

Sales of the white meat segment, mainly comprised of desiccated coconut, sweetened coconut, and coconut milk and cream, increased 122 percent, 20 percent, and 78 percent, respectively, driven by booming consumer demand for natural and plant-based food choices.

Coconut water continues to steadily deliver double-digit volume growth, up 10 percent year-to-date and is on-track to achieve record performance for 2025.