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RFM sustains strong growth in 2020


Published January 26, 2021, 10:23 AM
RFM Corporation reported that preliminary data showed that its net income grew to P1.28 billion last year from P1.22 billion in 2019 as revenues increased to P15.7 billion from P15 billion as sales grew because of the pandemic.
In a disclosure to the Philippine Stock Exchange, the firm reported strong growth in its milk and pasta businesses last year when consumer behavior and preferences changed due to the pandemic and the quarantine measures imposed.
RFM said “preliminary data indicated that RFM’s consumer brands Selecta Fortified Milk saw sustained growth in 2020, expanding at 56 percent while pasta brands Fiesta and Royal grew 16 percent and 44 percent, respectively, from year ago levels. ....

Jose Ma , Rfm Corporation , Philippine Stock Exchange , Selecta Fortified Milk , Executive Officer Jose , ஜோசே மா , ர்ஃப்ம் நிறுவனம் , பிலிப்பைன் ஸ்டாக் பரிமாற்றம் , செலெக்தா பலப்படுத்தப்பட்ட பால் , நிர்வாகி அதிகாரி ஜோசே ,