PSI TECHNOLOGIES

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                    [ArticleID] => 140292
                    [Title] => RFM income soars 72% in first 9 months
                    [Summary] => Despite a third quarter loss, RFM Corp. managed to preserve its earnings streak for the year with a substantial 72 percent jump in net income to P188 million in the first nine months, company officials said.


RFM president and CEO Jose Concepcion III attributed the profit surge to higher gross margins on its products, improving by as much as 33 percent mainly due to a better sales mix and improvement in selling prices of chicken, flour and processed meats that covered for increasing costs.


                    [DatePublished] => 2001-11-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 137595
                    [Title] => Vitarich, Foremost Farms eye Swift Foods
                    [Summary] => A tug-of war is shaping up between two of the country’s biggest poultry and livestock companies over Swift Foods Inc. (SFI), another prized unit of the RFM Group.


According to RFM vice president Ramon Lopez, their investment banker ING Barings has received "an indication of interest" for the acquisition of SFI’s meat operations from Foremost Farms, the agribusiness venture of beer and tobacco magnate Lucio Tan.


                    [DatePublished] => 2001-10-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 97048
                    [Title] => RFM Corp boosts net income last year
                    [Summary] => RFM Corp. substantially boosted its net income last year as it was able to realize additional cash from its asset disposals and listing proceeds, despite flat sales and the continued provisioning for its foreign exchange losses.


Based on unaudited financial statements submitted to the Securities and Exchange Commission (SEC), the consolidated net earnings of the Concepcion-controlled conglomerate reached P96 million, a whopping 583- percent jump from a mere P14- million net income in 1999.


                    [DatePublished] => 2001-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 100500
                    [Title] => RFM sees flat growth
                    [Summary] => 

With consumers still holding back on their spending, food and beverage
conglomerate RFM Corp.
                    [DatePublished] => 2000-04-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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RFM income soars 72% in first 9 months

By Christina Mendez | November 16, 2001 - 12:00am

Despite a third quarter loss, RFM Corp. managed to preserve its earnings streak for the year with a substantial 72 percent jump in net income to P188 million in the first nine months, company officials said. RFM...

Business

Vitarich, Foremost Farms eye Swift Foods

By Christina Mendez | October 23, 2001 - 12:00am

A tug-of war is shaping up between two of the country’s biggest poultry and livestock companies over Swift Foods Inc. (SFI), another prized unit of the RFM Group. According to RFM vice president Ramon Lopez,...

Business

RFM Corp boosts net income last year

By Christina Mendez | February 16, 2001 - 12:00am

RFM Corp. substantially boosted its net income last year as it was able to realize additional cash from its asset disposals and listing proceeds, despite flat sales and the continued provisioning for its foreign...

Business

RFM sees flat growth

April 13, 2000 - 12:00am

With consumers still holding back on their spending, food and beverage conglomerate RFM Corp.

Business