Liberty Flour Mills posts 146% jump in 9-mo profit

Listed Liberty Flour Mills Inc. (LFM) reported a net income of P90.36 million in the first nine months of 2020, a 146-percent increase from P36.72 million in the same period in last year.

In a disclosure on Thursday, LFM attributed the improved net income to increase in the company’s total sales, particularly during the third quarter of the year.