Beverage-maker Pepsi-Cola Products Philippines Inc. (PCPPI) grew its net profit by 20 percent year-on-year in the first quarter to P270 million, backed by a double-digit rise in sales volume. Gross revenues reached P6 billion for the quarter—up by 14 percent as sales volume rose by 18 percent over the same quarter last year. [...]
Beverage-maker Pepsi-Cola Products Philippines Inc. (PCPPI) grew its net income last year by 192 percent to P844 million on the back of a double-digit growth in volume and softer sugar prices.
The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.
