Revenues climbed 6.2 percent year-on-year to P679.4 million, driven by increased foot traffic and continued rollout of new locations.
Fruitas, which also owns a majority stake in listed bakery chain operator Balai Ni Fruitas, saw cost of sales rose moderately to P275.1 million, as raw material inflation was partially offset by smarter sourcing and selective price adjustments.
Operating expenses also increased to P349.6 million, reflecting higher business activity and ongoing growth efforts.
Despite cost pressures, operating margins held firm, allowing taxable income to rise and push income tax payments up to P12.2 million.
