Balai ni Fruitas Inc., a leading Philippine counter service bakery operator, reported that its net income jumped 77 percent to P41 million in the first nine months of 2023 from P23 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm aid it continued its...
Fly Kitchen Inc., a wholly-owned subsidiary of leading food and beverage firm Fruitas Holdings Inc., is expanding its operations with the acquisition of cloud kitchen equipment from food delivery service firm Foodpanda. In a disclosure to the Philippine Stock Exchange (PSE), Fruitas said its...
Fruitas Holdings Inc., a leading food and beverage retail operator, has secured a P300 million credit facility from Philtrust Bank to boost its war chest to P1 billion as it actively looks for new partners for mergers and acquisitions (M&As). In a statement, the firm said it has also...
The acquisition of Ling Nam and the continued expansion of its other brands resulted in a 48 percent jump in the first half net income of Fruitas Holdings Inc. (FRUIT), the leading food and beverage kiosk and community store operator. In a disclosure to the Philippine Stock Exchange, the firm said...
Preparing for expansion in Zamboanga Peninsula Leading food and beverage kiosk and community store operator, Fruitas Holdings Inc., listed on the Philippine Stock Exchange under the symbol FRUIT, has set its sight on the Zamboanga Peninsula by securing two strategic locations for its new Ling Nam...
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...
