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RFM earnings slip on lower ice cream, flour sales

FOOD and beverage manufacturer RFM Corp. posted 4% lower earnings in the first quarter due to a decline in sales from its ice cream and institutional food product segments.

RFM earnings up 10%

EARNINGS of RFM Corp. in 2019 grew 10% to P1.22 billion, buoyed by a 9% increase in revenues to P15 billion.

RFM profit up 10% in Q3 on pasta, ice cream sales

EARNINGS of RFM Corp. grew 10% in the third quarter on higher sales of its ice cream, milk and pasta brands.

RFM allots P400M for capex

RFM CORP. is allocating over P400 million in capital expenditures (capex) this year to support the growth of its milk and pasta sauce products.

RFM income up 6% in 2018

EARNINGS of RFM Corp. grew by six percent in 2018, driven by strong sales for its ice cream, pasta, and milk products.

SEC approves RFM consolidation of units

RFM Corp. said on Friday that the Securities and Exchange Commission (SEC) had approved on Jan. 31 the merger of the listed food and beverage company and its three subsidiaries.

RFM counts on flour mill upgrade to remain competitive as costs...

RFM Corp. is banking on the upgrade of its flour mills to help it stay competitive in the market, as it continues to see rising prices of raw materials due to the weakening peso.

RFM absorbs three subsidiaries

RFM Corp. is folding three subsidiaries into its portfolio in a bid to achieve efficiency in operations.

RFM merges with three subsidiaries

RFM Corp. is folding three subsidiaries into its portfolio in a bid to achieve efficiency in operations. In a disclosure to the stock exchange on...

RFM posts flat Q2 net earnings

RFM Corp. saw flat earnings growth during the second quarter of 2018, as softer prices of flour and higher costs of raw materials offset a double-digit increase in revenues.

RFM earnings flat in second quarter

RFM Corp. saw flat earnings growth during the second quarter of 2018, as softer prices of flour and higher costs of raw materials offset...

RFM income up 6%

RFM CORP. grew its attributable profit by 6% in the first quarter of 2017, boosted by higher sales from its ice cream, pasta, flour,...

RFM posts 7% jump in first-quarter profit

RFM Corp. grew its earnings by 7% in the first quarter of 2018, boosted by higher sales from its ice cream, pasta, flour, and...

Ice cream and pasta maker RFM boosts Q3 profit by 20%

RFM Corp. posted a net income of P211 million in the third quarter, higher by 20% compared with the level in the same period...