Axelum Resources Corp., the country’s leading fully integrated manufacturer and exporter of premium coconut-based food products, reported a financial turnaround with a net income of ₱688 million last year, from a loss of ₱818 million in 2023.“Our turnaround strategies delivered positive...
Metro Pacific affiliate Axelum Resources Corporation is embarking on an aggressive growth agenda to take advantage of robust demand, upward pricing, and supply tightness in the global coconut products industry this year.In a disclosure to the Philippine Stock Exchange, the firm said these steps will...
Metro Pacific affiliate Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, expects to perform even better next year after turning its performance around in 2024.“Rising demand in key export markets continue to fuel our...
Axelum Resources Corporation, a coconut products manufacturer and exporter, is conducting a share buy-back program worth an initial P500 million over the next six months.In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has authorized the share buy-back program...
Axelum Resources Corporation, a manufacturer and exporter of coconut products, reported a 265 percent jump in net income to P208 million profit in the first half of the year from a loss of P126 million in the same period of 2023.In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Axelum Resources Corp. (PSE: AXLM), an affiliate of Metro Pacific Agro Ventures and the country’s leading fully-integrated manufacturer and exporter of premium coconut products, posted a turnaround in the first quarter of 2024 with a net income of P106 million from a loss of P69.26 million in the...
Metro Pacific Investments Corporation, through Metro Pacific Agro Ventures Inc. (MPAV), is seeking to at least double its dairy and greenhouse operations while looking to acquire another coconut-based business and large tracts of agricultural land in Mindoro.MPIC Chairman, President and CEO Manuel...
Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, has signed a multi-year supply deal initially valued about P20 billion with The Vita Coco Company, Inc., one of the world’s largest coconut water brands, on strong global...
Metro Pacific affiliate Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, reported a core net loss of P158 million for 2023 from a net income of P983 million in 2022.“The weaker-than-normal performance was mainly...
Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, is aiming to expand its reach overseas by strengthening its B2B (business to business) and B2C (business to consumers) markets.In a disclosure to the Philippine Stock...
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...
