RFM Corp. eyes 14% profit growth in 2025
RFM Corp., which manufacturers the Selecta ice cream brand and other food products, is optimistic that it will hit P22.2 billion in full-year sales and P1.6 billion in profits this year even as operational headwinds hit consumer demand. Should this be realized, sales would reflect a modest 2% growth, while profits would climb 14% year-on-year as the company is banking on its core brands – Selecta Milk, Selecta Ice Cream, Royal Pasta, and Fiesta Pasta – to continue to post healthy demand and positive market traction
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