Figaro Coffee Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022
May 12, 2022 at 06:35 am
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Figaro Coffee Group, Inc. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was PHP 528.04 million. Net income was PHP 65.34 million. Basic earnings per share from continuing operations was PHP 0.014. Diluted earnings per share from continuing operations was PHP 0.014.
For the nine months, sales was PHP 1,771.27 million. Net income was PHP 268.21 million. Basic earnings per share from continuing operations was PHP 0.081.
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.