Liberty Flour Mills, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 07:15 pm EDT
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Liberty Flour Mills, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was PHP 1,351.461 million compared to PHP 949.052 million a year ago. Net income was PHP 192.425 million compared to PHP 85.160 million a year ago. Basic earnings per share from continuing operations was PHP 1.28 compared to PHP 0.57 a year ago.
Liberty Flour Mills, Inc. is a Philippines-based company engaged in the business of manufacturing various kinds of bakery flour and flour related products. The Companyâs bakery flour segment is engaged in manufacturing of flour and distribution/sales of its produce. Its mill feed segment engaged in the utilization of its by-products and distribution/sales of its produce. Its real estate and investment segment is engaged in leasing of office and commercial units and investment in securities. Its primary products include bakery flour and mill feed. El Superior and LFM Bakers are the Companyâs flour products which undergo the same processes as the other flour products it produces. These products are hard variety of flour for making pandesal and loaf bread. Pine Tree and LFM Soft are soft variety of flour which are used for making biscuits and cookies. Pine Tree and LFM soft are marketed by Trade Demands Corporation and Liberty Commodities Corporation.
LIBERTY FLOUR MILLS, INC. 
