Link: https://links.sgx.com/1.0.0/corporate-announcements/XMIT1C7VNL504XJK/448075280c7dd4d0aa9bf99dcc2ed08a5c5756e12d3add84b19373bdb122a24f

Summary:

• Group revenue for the first nine months ended 30 September 2025 fell 9.5% to ₱596.4 billion (from ₱659.2 billion in 9M2024), mostly on lower sales volumes.

• Gross profit rose 15.2% to ₱39.6 billion as cost of sales declined faster than revenue: gross margin improved to 6.6% (from 5.2%).

• Net income for the period jumped 36.8% to ₱9.67 billion (from ₱7.07 billion in 9M2024); net profit for the parent company at ₱8.95 billion.

• Basic earnings per share climbed to ₱0.60 (from ₱0.43**).

• Operating cash flow surged to ₱51.5 billion; cash and cash equivalents at period-end rose to ₱40.2 billion (from ₱30.4 billion at end-2024).

• Book value per share increased to ₱2.91.

• Total assets of ₱449.1 billion, with consolidated equity up to ₱113.4 billion.

• Major expense reduction: operating expense dropped 27%, with interest and other finance charges easing.

• Continued recapitalization—capital securities issued, treasury shares acquired, and ongoing investment in plant and equipment.

• Listed on the Philippine Stock Exchange, with strong compliance on audit and risk management.

• Board maintains a positive outlook as robust cost discipline, margin recovery, and recapitalization bolster resilience for growth and further volatility.