Monde income grows 53% despite bleeding alternative meat biz

MANILA, Philippines — As its alternative meat business continued to post losses, the company behind Lucky Me! instant noodles booked core earnings of P2.9 billion in the first quarter—a 53.4-percent surge—with help from the robust performance of its food and beverage unit. In a stock exchange filing on Wednesday, Monde Nissin Corp., which also manufactures
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