Balai ni Fruitas, Inc., one of the country’s leading counter-service bakery operators, reported double-digit growth in net income and revenues after it broadened its market reach through new branches and digital platforms.
The firm said its net income reached ₱15 million in the first quarter of 2025, up 13 percent from ₱13 million in the same period last year as net income margin expanded to 9.3 percent from 9.1 percent, driven by continued scale efficiencies and prudent financial management.
Total revenues reached ₱160 million, representing an 11 percent year-over-year increase from ₱145 million in the first quarter of 2024.
“Our first-quarter performance reflects the strength of our business fundamentals and the successful execution of our strategic initiatives,” said Balai President and CEO Lester Yu.
He added that, “We remain focused on expanding our footprint, enhancing operational efficiency, and diversifying our product mix. As we look ahead, we are confident in our ability to sustain momentum and deliver long-term value to our shareholders.”
Complementing its brick-and-mortar operations, Balai also ramped up investments in digital channels and e-commerce platforms, further enhancing customer reach and revenue streams.
Gross profit rose by 10 percent to ₱81 million from ₱74 million in the previous year. The company maintained a healthy gross profit margin of 51 percent, reflecting its ability to optimize cost of sales and introduce higher-margin products into its offering mix.
This is aligned with BALAI’s broader strategy of continuously innovating its product portfolio to improve profitability and resilience. In early 2025, the Company expanded its product lineup with several new offerings.