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Snack maker Republic Biscuit Corp. is optimistic about posting double-digit growth in its revenues this year, as the company says the market has adapted to the inflationary environment, along with the expected boost from the midterm elections.According to Rebisco vice chairman Jonathan Ng, the company’s optimism is driven by the continuous demand for its products, such as biscuits and donuts.“It’s probably a good year.
The company’s business portfolio covers snacks such as nuts and seeds, cakes, wafers, breads, chips and curls, candies and gums, and chocolates.“We’re fortunate enough that the market loves our product, so we’re looking at expanding our capacity some more to fulfill the market requirements,” Ng said.Rebisco currently has a presence in markets such as Thailand, Taiwan, the United States, and the United Arab Emirates, and is looking to expand into more markets with a high Filipino population.
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