Figaro Coffee Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
February 16, 2022 at 01:55 am
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Figaro Coffee Group, Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PHP 596.93 million. Net income was PHP 107.24 million. Basic earnings per share from continuing operations was PHP 0.03. Diluted earnings per share from continuing operations was PHP 0.03.
For the six months, sales was PHP 1,085.12 million. Net income was PHP 179.62 million. Basic earnings per share from continuing operations was PHP 0.05. Diluted earnings per share from continuing operations was PHP 0.05.
Figaro Coffee Group, Inc. is a Philippines-based company, which is engaged in processing, manufacturing, and packaging all kinds of food products; to establish, invest, develop, operate, and maintain restaurants, coffee shops and refreshment parlors. It serves, arranges, and caters for foods, drinks, refreshments and other food or commodities, to partner and/or collaborate with other players in the food industry for the management and operation of food establishments and to acquire, invest, organize, develop, promote, or otherwise undertake the management and operation of commercial franchises in the food industry. The Company's brands include Angelâs Pizza, Figaro Coffee, Tien Maâs, and Cafe Portofino.