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...
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...
