LISTED sugar miller Victorias Milling Co. Inc. (VMC) on Friday reported a net income of P1.57 billion for the crop year ended August 2023, up 63 percent from the P966 million recorded a year ago.

Consolidated revenues jumped 82 percent to P15.55 billion from P8.55 billion last year mainly due to higher prices, increased sugar and ethanol production, and sales amid sustained demand and higher power exports, VMC told the stock exchange.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details