Corporate

Monde Nissin Corp., makers of Lucky Me! Noodles and the popular Skyflakes crackers, still reported a loss after tax of P625 million in 2023, sharply lower than prior year’s loss of P13.01 billion attributed to the non-cash, non-operating impairment of assets in its vegetable meat business. 

Balai ni Fruitas Inc., a listed counter service bakery operator, said Thursday net profit last year surged 58 percent to P59 million, reflecting higher revenue higher same store sales on account of increased foot traffic in shopping malls, opening of more stores, and the introduction of new products.

The brokerage firm eToro regulated by authorities n the United Kingdom, Europe, Australia, Gibraltar and the US has no business selling its services in the Philippines, the Securities and Exchange Commission (SEC) said on Wednesday.

The tollway unit of San Miguel Corp. on Wednesday reported net income growing 20 percent in 2023 to P4.17 billion, pushed by higher revenue and lower costs.

DigiPlus Interactive Corp. is beefing up its on-site and online presence by bringing in new games.