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...
Food manufacturer Monde Nissin Corporation (MONDE)’s Quality Assurance Laboratory in its plant in Sta. Rosa, Laguna has been accredited by the International Organization for Standardization / International Electrotechnical Commission (ISO / IEC). The plant’s microbiology laboratory is the...
Food manufacturer Monde Nissin Corporation has elected former PLDT Chief Financial Officer (CFO) Anabelle L. Chua as Independent Director to replace Romeo L. Bernardo who resigned upon appointment to the Monetary Board of the Bangko Sentral ng Pilipinas. In a disclosure to the Philippine Stock...
Monde Nissin reports weaker earnings By JAMES A. LOYOLA Food manufacturer Monde Nissin Corporation reported a 17.9 percent drop in net income to P3.5 billion for the first half of 2023 as the restructuring costs in its meat alternative business weighed on its profitability. In a disclosure to the...
Monde Nissin Corporation  will be holding its annual meeting of stockholders on June 30, 2023, Friday at 10:00 AM,  virtually through [ https://conveneagm.com/ph/MONDE2023ASM ](https://conveneagm.com/ph/MONDE2023ASM) A copy of the official announcement published in Manila Bulletin...
Food manufacturer Monde Nissin Corporation is acquiring a 15 percent stake in restaurant chains owner Figaro Coffee Group Inc. (FCG) for P820.3 million or P1.00 per share. In a similar disclosures to the Philippine Stock Exchange, the two firms said the transaction shall consist in the subscription...
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...
With health warnings and recalls issued against Lucky Me! products overseas, manufacturer Monde Nissin Corporation said its products comply with local and US food safety standards. In a disclosure to the Philippine Stock Exchange, the firm said “We are aware of information being shared about...
The Monde Nissin Corporation’s 2022 Annual Stockholders’ Meeting (ASM) will be held online on June 24, 2022 (Friday) at 10:00 a.m. Monde Nissin Corporation’s 2022 Annual Stockholders’ Meeting (ASM) will be held via the AGM@Convene virtual online platform accessible at...
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...
Food manufacturer Monde Nissin Corporation reported that its unaudited net income fell 60.5 percent to P3.2 billion in 2021 primarily due to one-off items related to its Arran convertible note and initial public offering. In a disclosure to the Philippine Stock Exchange, the firm said attributable...
