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...
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...
Fruitas Holdings Inc. (FRUIT) reported that it posted strong sales in November 2021, marking its highest monthly sales level since quarantine restrictions were imposed due to the COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm said it “anticipates the seasonal uptick...
Fruitas backs out of healthcare venture 47599 Fruitas Holdings, Inc., the country’s leading small footprint food and beverage store operator, has terminated its discussions to acquire Surehealth Multi-Specialty & Diagnostic Clinic Corporation. In a disclosure to the Philippine Stock Exchange,...
Fruitas Holdings, Inc. (FRUIT) managed to halve its net loss to P16 million in the first nine months of 2021 from the net loss of P32 million incurred in the same period last year despite the challenging situation. In a disclosure to the Philippine Stock Exchange, the firm said it continued to...
Leading small footprint food and beverage store operator Fruitas Holdings, Inc. is diversifying into the healthcare business. In a disclosure to the Philippine Stock Exchange, the firm said it has entered an agreement to acquire 100% of the shares of Surehealth Multi-Specialty and Diagnostic Clinic...
Fruitas Holdings Inc., the country’s leading operator of small-footprint food and beverage stores, is now targeting to have 200 stores by next year after achieving its goal of opening 100 stores in 2021 ahead of schedule. In a disclosure to the Philippine Stock Exchange, the firm said it is...
