Figaro Coffee Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024
May 14, 2024 at 05:09 am
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Figaro Coffee Group, Inc. reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PHP 1,310.74 million compared to PHP 1,030.45 million a year ago. Net income was PHP 104.52 million compared to PHP 99.37 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.02 a year ago.
For the nine months, sales was PHP 4,078.39 million compared to PHP 3,070.73 million a year ago. Net income was PHP 387.46 million compared to PHP 364.48 million a year ago. Basic earnings per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago. Diluted earnings per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago.
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.
FIGARO COFFEE GROUP, INC. 
