Liberty Flour Mills, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
April 11, 2019 at 05:49 am IST
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Liberty Flour Mills, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was PHP 843.175 million compared to PHP 848.101 million a year ago. Net income was PHP 102.015 million compared to PHP 102.687 million a year ago. Basic earnings per share was PHP 0.68 compared to PHP 0.68 a year ago.
Liberty Flour Mills, Inc. is a Philippines-based company. The Company is engaged primarily in the manufacture of flour, utilization of its by-products and the distribution and sales of its produce. The Companyâs Bakery flour segment is engaged in manufacturing of flour and distribution/sales of its produce. Its Mill feed segment is engaged in the utilization of its by-products and distribution/sales of its produce. Its Real estate and investment segment is engaged in leasing of office and commercial units and investment in securities. Its primary products include bakery flour and mill feed. El Superior and LFM Bakers are the Companyâs flour products which undergo the same processes as the other flour products it produces. Pine Tree and LFM Soft are soft varieties of flour which are used for making biscuits and cookies. Pine Tree and LFM soft are marketed by Trade Demands Corporation and Liberty Commodities Corporation.