SUGAR producer Victorias Milling Co. Inc. (VMC) saw net income for its fiscal first quarter ending Nov. 30, 2024 grow by 13.6 percent to P368 million from P323.8 million in the same period in 2023.
This was achieved despite a 13-percent drop in consolidated revenues to P2.51 billion from P2.89 billion a year earlier, which the firm attributed to the late start of the milling season.
