Fruitas Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
May 02, 2023 at 03:42 am EDT
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Fruitas Holdings, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was PHP 1,799.17 million compared to PHP 1,101.7 million a year ago. Net income was PHP 77.24 million compared to net loss of PHP 16.32 million a year ago.
Basic earnings per share from continuing operations was PHP 0.0362 compared to basic loss per share from continuing operations of PHP 0.0077 a year ago. Diluted earnings per share from continuing operations was PHP 0.0362 compared to diluted loss per share from continuing operations of PHP 0.0077 a year ago.
Fruitas Holdings, Inc. is a Philippines-based holding company of food and beverage community store and kiosk operators with over 25 active brands across its portfolio. The Company has more than 780 stores across the Philippines. The Company serves Philippine consumers daily with fruit shakes and juices, lemonade, coolers, milk tea, desserts, meat-filled pastries, soya-based products, baked goods, and lechon (roasted pig), among other products. Its brands include Buko Loco, Buko ni Fruitas, Juice Avenue, Johnn Lemon, Black Pearl, Tea Rex, De Original Jamaican Pattie Shop and Juice Bar, The Mango Farm, Babot's Farm, Soy & Bean, Balai Pandesal, and Sabroso Lechon, among others. The Company's subsidiaries include Negril Trading, Inc. (NTI), Balai Ni Fruitas, Inc., Fruitasgroup Incorporated, SoyKingdom, Inc., CocoDelivery, Inc. and Fly Kitchen, Inc. (FKI). NTI is engaged in the production, processing and distribution of goods. FKI is engaged in the kitchen operations.
FRUITAS HOLDINGS, INC. 