Monde Nissin Corp. reported a 3 percent drop in core attributable income to ₱7.19 billion for the first nine months of 2025, down from ₱7.45 billion a year earlier, mainly due to higher edible oil prices.
Net sales rose 3 percent to ₱63.26 billion from ₱61.14 billion, supported by steady growth in its Asia Pacific branded food business. Sales from the branded food group — which includes Lucky Me! noodles and SkyFlakes biscuits — climbed 4 percent to ₱53.28 billion, while the alternative meat business dipped 1 percent to ₱9.97 billion.
For the third quarter alone, core income increased 4 percent to ₱2.45 billion, and sales were up 4 percent to ₱21.8 billion.
CEO Henry Soesanto said the company saw record domestic sales in October but remains cautious about the rest of the year amid cost pressures. “Higher edible oil costs continue to affect margins, but pricing adjustments and cost-saving efforts are starting to help,” he said.
Gross margin for the nine months narrowed by 279 basis points to 34.8 percent, though it improved sequentially due to early benefits from reformulation and efficiency measures.
The company’s veggie meat unit also showed better profitability, with gross margin expanding by over 500 basis pointsyear-on-year, as Monde Nissin continues to focus on recovery and efficiency.
