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Food and beverage retail store Fruitas Holdings Inc. saw a 35% growth in its consolidated net income for the first nine months of the year, on the back of the double-digit growth in its revenues during the period.In an emailed statement, Fruitas said its net income climbed to P95 million from P70 million last year, as revenues jumped 19% to P2.121 billion from P1.789 billion, and gross profit rose by 21% to P1.273 billion from P1.054 billion.
This success is a direct result of our unwavering commitment to enhancing our product offerings and delivering the highest-quality world-class,” Fruitas president and chief executive officer Lester Yu said.Fruitas ended the nine-month period with 851 stores across the country — 732 kiosks, carts, and in-line stores; 105 community stores; and 14 close kitchens and restaurants. Same-store sales growth for the period increased by 10.7% to P135 million.
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