Monde Nissin trims losses to P626.58 million

LISTED food and beverage manufacturer Monde Nissin Corp. said it trimmed its net loss to P626.58 million in 2023 from P13.01 billion the prior year. “Reported net loss for the year was P625 million, mainly due to a noncash, nonoperating impairment of assets in the meat alternative business of P10.1 billion after-tax, partly offset by […]

Monde Nissin trims losses to P626.58 million
LISTED food and beverage manufacturer Monde Nissin Corp. said it trimmed its net loss to P626.58 million in 2023 from P13.01 billion the prior year. “Reported net loss for the year was P625 million, mainly due to a noncash, nonoperating impairment of assets in the meat alternative business of P10.1 billion after-tax, partly offset by […]