'All-time high' sales lift Fruitas profit

By Brix Lelis

Apr 17, 2024 12:36 am

FOOD and beverage store operator Fruitas Holdings Inc. said Tuesday that consolidated net income grew 37 percent to P113 million in 2023 from the P82 million booked a year ago, driven by record-high sales.

Total revenues soared 37 percent to P2.5 billion from P1.8 billion following broad-based growth across subsidiaries as well as same-store sales growth and expansion of the e-commerce business.

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