Figaro: Higher costs fail to dent earnings in fiscal Q2

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Figaro: Higher costs fail to dent earnings in fiscal Q2 - Business Mirror

Quick Summary:

Figaro Coffee Group Inc.(FCG) on Tuesday said its income for its fiscal second quarter ending December 31, 2024 grew 14 percent to P222.04 million from the previous year’s P194.74 million.

As of December 31, the company has a total of 216 stores nationwide.

While global inflation pressured raw material costs, we successfully managed overhead and operating expenses while increasing capacity,” Jose Petronio Vicente Español III, the company’s CFO, said.