Sluggish Q3 fails to dent income of Monde Nissin

Quick Summary:

Monde Nissin Corp.said its income in January to September inched up by 5 percent to P6.08 billion from the previous year’s P5.79 billion despite weak earnings in the third quarter.

We believe these actions will put the business on a stronger footing and better set up for future success.

The cash cost to implement will be approximately GBP8 million in 2024 and 2025, which will be partially funded from the restructuring savings.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Year’s Meat Billion Food Percent Year Income Cash Soesanto Previous Business

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 16:06:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23463812

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Official Website: businessmirror.com.ph

Update Frequency: 55 posts per day

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News Last Updated: 15 hours ago

Coverage Areas: Philippines

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