Food

3 days ago

Monde posts P7.2-B profit as meat alternatives recover, costs squeeze core business

Monde Nissin reported steady earnings for the first nine months of 2025, as easing losses in its meat alternatives business helped offset pressure from higher costs in its core food segment.

7 days ago

Michelin debuts first PH Guide, awarding 9 top restaurants

“We are honored to present the first edition of the MICHELIN Guide in the Philippines,” said Gwendal Poullennec, international director of the MICHELIN Guide. “This selection pays tribute to a new generation of Filipino chefs… and the culinary authenticity and creativity found across the country.”

14 Aug 2025

4:49PM

Po-backed Century Pacific profit climbs to P3.9B in the first half of 2025

The Po family’s Century Pacific Food Inc. (CNPF) grew net income by 7 percent to P3.9 billion in the first half of 2025, driven by strong branded sales and tighter cost controls.

7 Aug 2025

10:13AM

SMC food and beverage unit’s first-half 2025 profit climbs 15% to P23B

San Miguel Food and Beverage Inc. (SMFB) grew its first-half 2025 net income by 15 percent to P23 billion, fueled by strong food sales and tighter cost control.

18 May 2025

7:13PM

Fruitas Q1 2025 profit rises 11.5% as Lester Yu expands store network

Fruitas Holdings, led by food kiosk king Lester Yu, grew its consolidated net income by 11.5 percent to P33.3 million in the first quarter of 2025, lifted by stronger store performance and network expansion.

14 May 2025

6:04PM

Monde Nissin profit rises; tycoon Soesanto reaffirms 2025 growth outlook despite soft margins

Monde Nissin Corp. posted a core net income of P2.9 billion in the first quarter of 2025, up 1.5 percent from the same period last year, backed by stable growth in its branded food and beverage business and early gains from its meat alternative turnaround.

7 May 2025

4:38PM

Ramon Ang’s San Miguel Food and Beverage starts 2025 strong with ₱11.6B profit jump

San Miguel Food and Beverage Inc. (FB), the maker of San Miguel beer and Purefoods hotdogs, kicked off 2025 with solid earnings, posting a 16 percent jump in net income to ₱11.6 billion for the first quarter.

21 Apr 2025

2:58PM

Lester Yu’s Balai caps 2024 with double-digit growth in revenue, profit

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.

4 Apr 2025

10:22AM

QUICK LOOK: March 2025 inflation slows to 1.8% as food, transport costs ease

The Philippines’ headline inflation eased to 1.8 percent in March 2025, down from 2.1 percent in February and significantly lower than the 3.7 percent recorded in March 2024.