Robust consumption boosts RFM earnings

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.

- By JAMES A. LOYOLA

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.