Food and beverage firm Monde Nissin Corp. reported a 3.5 percent dip in attributable core net income to ₱7.2 billion in the first nine months of year, hurt by continued losses in its meat alternative business and higher costs for edible oils. The company noted, however, that attributable core...
Food and beverage firm Monde Nissin Corporation reported a 7.2 percent decline in attributable core net income to ₱4.7 billion in the first half of 2025 due to lower margins of its Asia-Pacific Branded Food and Beverage (APAC BFB) business as well as foreign exchange losses. In a disclosure to...
Food and beverage firm Monde Nissin Corporation reported a turnaround last year with a net income of ₱450 million from a net loss of ₱625 million in 2023 even though its meat alternative business continues to rack up losses. In a disclosure to the Philippine Stock Exchange, the firm said...
Monde Nissin Corporation COO Michale Stanley D. Tan Food and beverage firm Monde Nissin Corporation is sending its Chief Operations Officer, Michael Stanley D. Tan, to its UK-based meat alternative business, which has been facing financial challenges, to make it more efficient. In a...
The World Instant Noodles Association, in a summit hosted in the Philippines by Monde Nissin Corporation, has adopted a Manila Declaration, which sets voluntary targets for the industry to make their products healthier and more responsive to environmental and social concerns. WINA announced...
Food and beverage manufacturer Monde Nissin Corporation expects strong earnings growth for 2024, driven by record revenues, despite ongoing challenges in its meat alternative business. Based on preliminary and unaudited financial results disclosed to the Philippine Stock Exchange, the company...
Food and beverage manufacturer Monde Nissin Corporation reported a 13.8 percent drop in net income to P1.99 billion in the third quarter of the year, primarily due to non-core items related to its meat alternative business which reduced earnings by P359 million. In its disclosure to the Philippine...
Monde Nissin Corporation reported a net loss of P625 million last year as it continued to suffer from its meat alternative business although this is an improvement from the P13.02 net loss incurred in 2022. In a disclosure to the Philippine Stock Exchange, the firm said its reported net loss for...
Monde Nissin Corporation’s meat alternative business, under the brand Quorn, continues to be a drag in the company’s financial performance in 2023 and has been offsetting growth in other segments. In a disclosure to the Philippine Stock Exchange, Monde Nissin said “Our Meat Alternative...
Monde Nissin Corporation announced that preliminary figures for the fourth quarter will translate to single-digit growth in revenues even though its meat alternative business continues to be a drag. In a disclosure to the Philippine Stock Exchange, Monde Nissin said expectations are based on...
Monde Nissin Corporation reported a 21 percent drop in attributable core net income to P5.6 billion in the first nine months of 2022 due to increased logistical costs, investments in organizational resources, and investments. In a statement, the firm said its attributable core net income fell by a...
Food manufacturer Monde Nissin Corporation reported that its net income dipped 0.9 percent to P2.3 billion in the first quarter of 2022 while core attributable net income dropped 13.5 percent to P2.1 billion. In a media briefing, the firm said its earnings benefited from lower interest expense due...
