Friday, 4 July 2025
7 Nov 2024
4:57PM
Monde Nissin shakes up veggie meat unit with new CEO to drive turnaround
Monde Nissin, a listed food giant best known for biscuits and Lucky Me! instant noodles, is shaking up leadership at its Quorn alternative meat division, replacing the CEO as the company fights to turn around losses by 2025.
11 Apr 2024
6:12PM
Monde Nissin books P625M loss, veggie meat business continues to bleed
By: Miguel R. Camus
Monde Nissin Corp.’s foray into vegan-friendly alternative meats continued to hemorrhage in 2023 as the Filipino food conglomerate behind Lucky Me! instant noodles recorded losses of P625 million, despite revenues rising to a new record.
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