Balai ni Fruitas Inc., led by Fruitas Holdings founder Lester Yu, closed 2024 with solid financial results, driven by a mix of organic growth and strategic portfolio expansion—including the acquisition of the legacy Sugarhouse brand.
Businessman Lester Yu’s Balai ni Fruitas Inc. reported a 26 percent increase in net income, reaching P52 million for the first nine months of 2024, up from P41 million in the same period last year.
Food kiosk king Lester Yu’s Fruitas Holdings said its subsidiary Balai ni Fruitas Inc. secured an exclusive deal with D’ Famous Red Box Corp. to distribute Polland Hopia in Cebu and Zamboanga.
Businessman Lester Yu’s bakery chain Balai Ni Fruitas is looking to sustain growth momentum this year after net income surged 38 percent to P13.2 million.