Alliance Select Foods narrows net loss in H1

By Brix Lelis

Aug 15, 2023 12:00 am

ALLIANCE Select Foods International Inc. on Monday said that it had narrowed its consolidated net loss in the first half to $574,000 (approximately P32.6 million) from $620,000 (P35.24 million) thanks to strong growth in revenues.

In a statement, the company said that its bottom line was affected by higher finance costs and the impact of currency translation.

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