Bakery chain Balai ni Fruitas is expanding the distribution of Balai Pandesal baked goods in Cebu by tapping supermarkets and convenience stores. In a disclosure to the Philippine Stock Exchange, the firm said this is in line with its strategic objective to make its products more accessible to...
Balai ni Fruitas Inc. (BALAI) reported that its net income jumped 10.2 times to P23.2 million in the first nine months of the year from P2.3 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its revenues rose 2.6 times to P234.1 million. Balai...
Bakery chain Balai ni Fruitas has established its first Balai Pandesal store in Cebu as it begins its expansion to the Visayas and Mindanao region as part of its strategic plan to provide its products nationwide. In a disclosure to the Philippine Stock Exchange, the firm said Balai Pandesal baked...
Balai ni Fruitas Inc. (BALAI) reported that its profits for the first half of 2022 already exceed full-year 2021 levels as it continued to benefit from economies of scale and improved store performance. In a disclosure to the Philippine Stock Exchange, the firm said its net income reached P15...
Fruitas Holdings Inc. will be using its share of the proceeds from the initial public offering of subsidiary Balai ni Fruitas to pay for its acquisition of Ling Nam Wanton Parlor and Noodle Factory. In a disclosure to the Philippine Stock Exchange, the firm said the IPO raised about P203.8 million...
The Philippine Stock Exchange index (PSEi) plunged despite some end-of-semester window-dressing as investors worry over rising inflation and interest rates. The main index fell 147.76 points or 2.34 percent to close at 6,155.43 with the Services sector leading the decline although the Industrial...
Balai ni Fruitas Inc. has set the final price for its initial public offering at P0.70 per share, just slightly lower than its maximum allowable price of P0.75, for a total offering size of P288.75 million. In a letter to the Philippine Stock Exchange, Balai President Lester C. Yu said the final...
Balai ni Fruitas, Inc., a wholly-owned subsidiary of publicly-listed Fruitas Holdings Inc., is planning to raise up to P309 million from its initial public offering. Documents filed with the Securities and Exchange Commission show, the firm plans to offer up to 325 million primary common shares and...
Balai ni Fruitas Inc. (BALAI), a wholly-owned bakery subsidiary of Fruitas Holdings Inc., is planning an initial public offering worth up to P309 million for its expansion program. In a disclosure to the Philippine Stock Exchange, Fruitas said BALAI is set to file a registration statement with the...
