Overview

• The company achieved an operating profit of 4,061 million pesos in the first half of 2025
• Sales volumes rose 4.5% year-on-year to 678 million liters while processing about 3.65 million liters per day including its Danone joint venture
• Operating cash flow plunged to 24,704 million pesos from 92,897 million in H1 2024 and its liquidity ratio fell to 1.10 from 1.80
• A US$110.9 million negotiable obligation was reclassified as a current liability with refinancing or cancellation expected in 2026
• Management forecasts that declining inflation and exchange-rate stability will revive mass consumption and support its return to profitability