Food and beverage company RFM Corp. expects its 2025 net income to surpass the P1.4 billion profit it recorded in 2024, driven by strong sales and lower commodity costs.
Jose Ma. Concepcion III, RFM president and chief executive, said in a stock exchange disclosure that key drivers of the company’s growth for 2025 include softer commodity prices and good volume growth across its brands.
“The recent flooding and heavy rainfall this third quarter posed a challenge to our logistics, but underlying demand seemed resilient,” Concepcion said. “We expect this consumer demand to continue through the fourth quarter, helped by easing inflation.”
As the company is on track for a better income performance, its board approved a P300 million cash dividend for eligible shareholders. The dividend, equivalent to P0.08903 per share, will be payable on Oct. 22, 2025, to shareholders on record as of Oct. 1, 2025.
This latest dividend declaration, the fourth for the year, brings RFM’s total cash dividends for 2025 to P1 billion, lower than the P1.3 billion paid in 2024.
Concepcion said the company’s balance sheet is “very strong” and can support this level of cash dividends while still having extra cash for “any big capex or potential acquisition.”
At a share price of P4.27 on Sept. 16, 2025, RFM’s 2025 dividend yield is 7 percent.
RFM’s products include Selecta Milk, Fiesta and Royal Pasta, and flour and buns. The company also has a joint venture in the country’s leading ice cream company, which sells Magnum, Cornetto, and Selecta ice cream.
