Balai ni Fruitas posted 38% profit growth in Q1

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6 months ago

MANILA, Philippines — Balai Ni Fruitas Inc., businessman Lester Yu’s listed bakery chain, booked a 38-percent growth in earnings in the first three months of the year to P13.2 million, buoyed by stronger sales. In a stock exchange filing on Tuesday, Balai, the bakery arm of Fruitas Holdings Inc., said revenues during the quarter reached

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