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Manila Bulletin devider Business devider The Stock Market devider RFM income rises on core business strength, boosts dividend payouts

RFM income rises on core business strength, boosts dividend payouts

Published Nov 10, 2025 12:48 pm
Jose Ma. A. Concepcion III
Jose Ma. A. Concepcion III
Food and beverage firm RFM Corp. reported a 12 percent increase in net income to ₱1.25 billion in the first nine months of the year from ₱1.12 billion in the same period last year, as its core businesses maintained growth momentum.
In a disclosure to the Philippine Stock Exchange, the company said net revenues edged up 1.8 percent to ₱15.23 billion in January to September from ₱14.97 billion a year earlier.
“We have good momentum in our core business segments of ice cream, pasta, milk, flour, and buns that help deliver growth and strong cash flows. Despite the typhoons and floods, we expect our fourth quarter sales and income to finish strongly,” RFM Corp. Chief Executive Officer Jose Ma. A. Concepcion III said.
The profit growth “sustains RFM's healthy yearly cash dividends,” Concepcion noted, announcing the board of directors had approved a cash dividend of ₱500 million, or ₱0.14839 per share. T
he payment is slated for Dec. 19, 2025, to stockholders of record as of Nov. 24, 2025.
This latest declaration brings the total cash dividends for 2025 to ₱1.5 billion, equivalent to ₱0.44517 per share. This represents a 10.3 percent dividend yield based on a market price of ₱4.30$ per share.
“The ₱1.5 billion dividends for 2025 represent one of the highest dividend payouts for RFM, and this reflects our commitment to also share with our shareholders the income and liquidity of the company,” Concepcion said.
The company paid a total of ₱1.3 billion in dividends in 2024.

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