Balai ni Fruitas, the bakery subsidiary of Fruitas Holdings, is expanding its reach in the Visayas region by putting up a commissary in Tisa, Cebu City while continuing to increase capacity in Metro Manila. To fund these, Balai ni Fruitas informed the Philippine Stock Exchange (PSE) that it is...
Fruitas Holdings Inc., the leading operator of multi-format food and beverage stores, reported a 62 percent jump in net income to P70.2 million for the first nine months of 2023 from the P43.3 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the...
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...
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...
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...
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...
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...
