The listed food exporter expects operations to resume around June 16, but the full financial hit remains unclear as damage assessments continue, a stock exchange filling on Tuesday showed.
The firm had over 1,900 employees at the end of 2025.
The General Santos hub produces canned tuna, tuna pouches, frozen tuna loins and Bay of Gold-branded products for retailers, restaurants, hotels and export markets.
It also houses the group’s smoked salmon operations, which sell products under the Gold Standard and Superfish brands.
Alliance Select shares trading halt
The Philippine Stock Exchange said trading of the company's shares will be halted for an hour and will resume by 10:30 a.m. on Tuesday to give investors time to assess new developments.
Alliance Select last traded at P0.34 per share, valuing the company at about P850 million.
Damage assessment underway
The disruption followed the magnitude 7.8 earthquake that struck off Sarangani on June 8, with General Santos City among the hardest-hit areas and authorities warning of damage across the region
Alliance Select said mployees were evacuated after the June 8 quake, with some workers requiring medical attention as emergency response protocols were activated.
Early inspections point to damage in warehouse areas and stored inventory, raising the risk of production delays and product losses.
“At this time, the company is unable to determine the full financial and operational impact of the incident. Further updates will be provided as additional information becomes available,” Alliance Select said in the filing.
—Edited by Miguel R. Camus
