Fruitas Holdings, Inc. Approves Cash Dividend, Payable Not Later Than November 29, 2023
October 16, 2023 at 06:02 am IST
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In the meeting of the Board of Directors of Fruitas Holdings Inc. October 13, 2023, the board approved the declaration of P0.01 cash dividends for stockholders on record as of November 8, 2023 and will be paid not later than November 29, 2023. The cash dividends amounting to P21,336,800.00 shall be paid from the unrestricted Retained Earnings as of December 31, 2022.
Fruitas Holdings, Inc. is a Philippines-based holding company of food and beverage community store and kiosk operators with over 25 active brands across its portfolio. The Company has more than 780 stores across the Philippines. The Company serves Philippine consumers daily with fruit shakes and juices, lemonade, coolers, milk tea, desserts, meat-filled pastries, soya-based products, baked goods, and lechon (roasted pig), among other products. Its brands include Buko Loco, Buko ni Fruitas, Juice Avenue, Johnn Lemon, Black Pearl, Tea Rex, De Original Jamaican Pattie Shop and Juice Bar, The Mango Farm, Babot's Farm, Soy & Bean, Balai Pandesal, and Sabroso Lechon, among others. The Company's subsidiaries include Negril Trading, Inc. (NTI), Balai Ni Fruitas, Inc., Fruitasgroup Incorporated, SoyKingdom, Inc., CocoDelivery, Inc. and Fly Kitchen, Inc. (FKI). NTI is engaged in the production, processing and distribution of goods. FKI is engaged in the kitchen operations.