Monde Nissin Corporation (MONDE) announced Wednesday its core net income attributable to shareholders declined by 3.5 percent to PHP7.2 bn for the first nine months, but higher by 4.6 percent to PHP2.5 billion in the third quarter, driven primarily by higher gross profit and lower operating costs in the meat alternative business, despite headwinds from edible oils in Asia-Pacific branded food and beverage business.
The improvement was further supported by a foreign exchange gain, compared to a foreign exchange loss in the same period last year.
Reported net income for the first nine months increased by 9.6 percent to PHP6.7 billion. In the third quarter, reported net income increased by 13.4 percent to PHP2.3 billion, partially offset by a non-cash loss of PHP285 million on the fair value of the Meat Alternative guaranty asset.
Consolidated revenue for the first nine months increased by 3.5 percent to PHP63.3 B, while Q3 revenues grew by 3.8 percent year-on-year to PHP21.8 billion.
Core earnings per share (EPS) for the first nine months was PHP0.40 (PHP0.42 in 2024) and EPS was PHP0.37. The Board of Directors approved on November 4, 2025, the Company’s declaration of cash dividends of PHP.16 per common share, with December 4, 2025, as the record date and January 7, 2026, as the payment date.
