Fruitas net income nearly doubles in H1

By Brix Lelis

Aug 16, 2023 12:34 am

FOOD and beverage operator Fruitas Holdings Inc. nearly doubled its net income during the first half to P43.5 million from P29.3 million in the same period last year.

Consolidated net revenues grew 45 percent to P1.14 billion from P787.5 million following the acquisition of Ling Nam outlets and the increase in same-store sales.

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