LISTED sugar miller Central Azucarera de Tarlac Inc. (CAT) recorded a nine-fold increase in net income to P1.7 billion for the fiscal year that ended June 30, 2024 (FY 2024), from the prior year's P168.8 million, driven mainly strong sales from its core sugar milling operations.

In a disclosure flast week, the company said it "achieved solid financial results in FY 2024, with substantial improvements across key financial metrics compared to previous years."

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