Balai ni Fruitas, Inc., a leading counter-service bakery operator in the Philippines, today announced robust financial and operational performance for the first quarter of 2025, highlighting the enduring strength of its core brands and the success of its strategic growth initiatives.
The Company reported total revenues of Php160 million for the first quarter of 2025, an impressive 11% increase compared to the Php145 million recorded in the same period last year. This growth underscores the continued consumer demand for BALAI’s popular bakery offerings.
Complementing its established brick-and-mortar presence, BALAI strategically ramped up investments in digital channels and e-commerce platforms during the quarter. This proactive approach has further expanded the company’s customer reach and diversified its revenue streams, positioning it for sustained growth in the evolving retail landscape.
Gross profit for the first quarter of 2025 reached Php81 million, a 10% increase from the Php74 million reported in the first quarter of 2024. The company maintained a healthy gross profit margin of 51%, a testament to its effective cost management and the successful introduction of higher-margin products. This aligns with BALAI’s ongoing strategy of product innovation aimed at enhancing profitability and building business resilience.
In early 2025, BALAI demonstrated its commitment to offering a wider variety of quality baked goods by expanding its product lineup. Key new offerings include a range of savory breads such as the Cheesy Sausage Twist, Ham & Cheese Delight, and Pesto Cheddar Roll. Additionally, the company rolled out its own versions of popular local treats, namely Balai Otap, Big Special Ensaymada, and Colored Meringue.
Net income for the first quarter of 2025 also experienced significant growth, reaching Php15 million, a 13% increase from the Php13 million recorded in the same period last year. Consequently, the net income margin expanded to 9.3% from 9.1%, reflecting the benefits of increased scale and prudent financial management.
“Our first-quarter performance reflects the strength of our business fundamentals and the successful execution of our strategic initiatives,” said Mr. Lester Yu, President and Chief Executive Officer of Balai ni Fruitas. “We remain focused on expanding our footprint, enhancing operational efficiency, and diversifying our product mix. As we look ahead, we are confident in our ability to sustain momentum and deliver long-term value to our shareholders.”
