Leading Philippine counter service bakery company, Balai ni Fruitas, listed on the Philippine Stock Exchange under the ticker BALAI, is expanding the distribution of Balai Pandesal baked goods in Cebu through supermarkets and convenience stores. This is in line with the company’s strategic...
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...
The Power of Possibility When Jake Intia decided to switch careers and pursue franchising, little did he know that it would lead to a life-changing decision. As a ‘Frentrepreneur,’ or one of the franchise entrepreneurs under the House of Fruitas (HoF) group of brands, he found that the sky is...
The proverbial first step may always be the hardest, and that holds true as well when it comes to business and aspiring entrepreneurs. But sometimes, all it takes is recognizing opportunity, and taking a chance on it. Successful frentrepreneurs (franchise entrepreneurs) like Glenn Cosme attest 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...
Fruitas Holdings Inc. (FRUIT), the leading food and beverage kiosk and community store operator, returned to profitability in the first nine months of 2022 with earnings of P43 million from a net loss of P16 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
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...
Fruitas Holdings Inc., through wholly owned subsidiary Soykingdom Inc., is acquiring 100 percent of the 72-year old “legacy brand” Ling Nam’s restaurant business. In a disclosure to the Philippine Stock Exchange, Fruitas said the Board of Directors of Soykingdom has approved the acquisition...
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...
