Century Pacific net up by 9%

Leading local canned food producer Century Pacific Food Inc. posted a 9-percent increase in its net profit last year to P2.8 billion as revenue hit record highs despite a high-inflation environment.   Consolidated revenue grew by 15 percent to P39.7 billion, with the branded food business accounting for 75 percent of total business, CNPF disclosed to the Philippine Stock Exchange.   The branded food business expanded by 20 percent as all three subunits---marine, meat, and milk---registered higher sales on an expanding base. The company is behind consume brands Century Tuna, Argentina, 555, Angel and Birch Tree.   "Despite some headwinds last year in consu...Keep on reading: Century Pacific net up by 9%

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