Axelum Resources Corp., the country’s leading fully-integrated manufacturer and exporter of best-in-class coconut products, has opened a hospital in Misamis Oriental. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has unveiled its most significant infrastructure and...
Metro Pacific Investments Corporation (MPIC), through wholly-owned subsidiary Metro Pacific Agro Ventures Inc. (MPAV), has amended its agreement to acquire a strategic stake in coconut products producer Axelum Resources Corp. by subjecting the acquisition to profitability targets. While Axelum...
TOKYO, Japan - Metro Pacific Investments Corporation (MPIC) intends to close the deal to acquire a strategic interest in coconut products exporter Axelum Resources Corporation before the end of this year despite the need to do further due diligence on the company. In a press briefing, MPIC Chief...
Metro Pacific Investments Corporation (MPIC) is expanding its agriculture business by acquiring a 34.76 percent stake in listed coconut products exporter Axelum Resources Corporation for P5.32 billion. In a disclosure to the Philippine Stock Exchange, Axelum said it has entered into a strategic...
Axelum Resources Corporation, the country’s leading manufacturer and exporter of coconut products, reported a 51 percent jump in net income to P578.69 million in the first nine months of 2021 from P383.10 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Axelum Resources Corporation, the country’s leading fully-integrated producer of coconut products, is optimistic of a stronger second half performance, following a robust showing in the first half of the year. “Despite formidable headwinds, our business continues to generate momentum as we...
Coconut products exporter Axelum Resources Corporation reported a 21 percent growth in net income to P146 million in the first quarter of 2021 from the P121 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said sales rose 22 percent to P1.47...
Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of coconut products, reported a 32 percent drop in attributable net income to P526.41 million last year from P774.81 million in 2019. In a disclosure to the Philippine Stock Exchange, the firm...
The Philippine Stock Exchange, Inc. (PSE) is adding newly-listed firms in its sector indices while the main PSE index (PSEi) will see no changes in its composition. In a statement, the bourse said these changes are based on the regular stock performance review for the January to December 2020...
