CENTURY Pacific Food Inc., the listed subsidiary of the Century Pacific Group (CPG), likely ended 2023 with a double-digit profit growth thanks to a "solid" fourth-quarter performance aided by improved commodity prices, the Maybank Investment Banking Group said.
Maybank, in a recent report, predicted a top line that would "fall within the guidance of a high single digit," anchored on the company's resilient branded business and original equipment manufacturing (OEM) segment's low base.
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