FOOD and beverage manufacturer RFM Corp.'s nine-month net income grew 13.7 percent to P1.12 billion a year, from P981 million a year ago, on stronger revenues driven by its consumer business.
"Strong sales of Fiesta, Royal, as well as Selecta Ice Cream have pushed volumes up even as better margins drove income higher, posting improvement from last year's P981 million to this year's P1.1 billion," RFM said in a quarterly report filed with the Philippine Stock Exchange on Wednesday.
