Figaro Coffee Group Inc. kept its profit steady at P629.6 million for fiscal 2025, as rapid expansion came with rising costs and weaker performance from older branches.
Five homegrown companies, from gold and broadband to coffee and banking, have landed on Forbes Asia’s 2025 Best Under a Billion list, spotlighting resilient Philippine businesses amid a cooling regional economy.
Businessman Jerry Liu’s pizza-focused Figaro Coffee Group Inc. is dropping “coffee” from its name in a major corporate branding refresh more than two years after going public.