Axelum Resources Corp, the Philippines’ leading fully integrated manufacturer and exporter of premium coconut food products, reported an 88-percent year-on-year increase in net income to P636 million in the first nine months of 2025.
The sharp earnings growth was led by strong sales performance, efficient cost management and strategic pricing adjustments, the company said in a disclosure to the stock exchange Tuesday. The results came despite challenges like higher raw material costs and a tight local coconut supply.
Sales from January to September 2025 increased 48 percent to P7.6 billion, exceeding the company’s full-year 2024 revenue. This strong performance was largely due to robust volume growth and higher average selling prices across all product categories.
Axelum president and chief operating officer Henry Raperoga attributed the performance to the resilience of the company’s business model.
“Our strong financial results reflect the resilience of our business model,” Raperoga said in the disclosure.
