Growth strategy aids Balai to increase profit by 336%

MANILA  -Balai ni Fruitas Inc., the listed subsidiary of food kiosk king Lester Yu’s Fruitas Holdings, saw profits surge last year as it rapidly expanded its store network while shielding margins from inflationary pressures. Net income in 2022 jumped 336 percent to P37 million while revenues climbed 129 percent to P341 million, a stock exchange … Continue reading Growth strategy aids Balai to increase profit by 336%