In a stock exchange filing on Monday, the company reported P668 million in revenue and P68 million in net income, reflecting 25 percent and 10.2 percent growth respectively, as it scaled its store network and optimized product offerings to boost same-store sales.
The April 2024 acquisition of Sugarhouse marked a key shift in Balai’s positioning, enabling entry into the premium cake segment while expanding production capacity.
Alongside Balai Pandesal, Buko ni Fruitas, and House of Desserts, Sugarhouse strengthens the company’s mid-to-upscale bakery and dessert portfolio.
• Gross profit rose 26 percent to P345 million, driven by stronger pricing and a shift to higher-margin products.
• Earnings before interest, taxes, depreciation and amortization grew 24 percent to P134 million, supported by disciplined cost management and improved product mix.
• Balai secured exclusive rights to distribute Polland Hopia in Cebu and Zamboanga, expanding into key regional markets.
The company ended the year with gross margins at 51.6 percent and a cost structure that helped absorb inflation without compromising profitability.
