Century Pacific Food, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 11:27 pm EDT
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Century Pacific Food, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 16,347.95 million compared to PHP 13,619.49 million a year ago. Net income was PHP 1,544.26 million compared to PHP 1,433.03 million a year ago. Basic earnings per share from continuing operations was PHP 0.44 compared to PHP 0.4 a year ago. Diluted earnings per share from continuing operations was PHP 0.44 compared to PHP 0.4 a year ago.
For the six months, sales was PHP 31,080.91 million compared to PHP 27,006.48 million a year ago. Net income was PHP 2,954.35 million compared to PHP 2,715.57 million a year ago. Basic earnings per share from continuing operations was PHP 0.83 compared to PHP 0.77 a year ago. Diluted earnings per share from continuing operations was PHP 0.83 compared to PHP 0.77 a year ago.
Century Pacific Food, Inc. is a Philippines-based branded food and beverage company. The Company is primarily engaged in the manufacturing, marketing, and distribution of processed marine, meat, milk, coconut, plant-based, and pet products. It operates through seven business segments: Canned and Processed Fish, Canned and Frozen Meat, Milk, Tuna Export, Coco Water, Packaging, and Corporate. Its products and services include tuna, sardines, other seafood-based products, corned beef, meatloaf, other meat-based products, canned milk, powdered milk, other dairy products, private label canned, pouched and frozen tuna, other tuna products, coconut beverages, coconut oil, coconut shells, other coconut products, packaging products, and shared services warehousing. Its brands include Century Tuna, 555, Ligo, Argentina, and Birch Tree, as well as emerging and challenger names such as Blue Bay, Fresca, Swift, Angel, Kaffe de Oro, Coco Mama, Home Pride unMEAT, Choco Hero and Goodest, among others.
CENTURY PACIFIC FOOD, INC. 
