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Rebisco sees double-digit revenue growth in 2025


Rebisco sees double-digit revenue growth in 2025

Snack maker Republic Biscuit Corp. (Rebisco) is optimistic about posting double-digit growth in its revenues this year, as the company says the market has adapted to the inflationary environment, along with the expected boost from the midterm elections.

According to Rebisco vice chairman Jonathan Ng, the company’s optimism is driven by the continuous demand for its products, such as biscuits and donuts.

“It’s probably a good year. We believe, or we look at the market right now as having adjusted to the few years of price increase,” he said on the sidelines of The Business Manual CEO Awards, where he was one of the awardees.

“We’re looking forward to this year being a good year, especially with the usual support and boost from all our wonderful people in politics,” he added.

The company’s business portfolio covers snacks such as nuts and seeds, cakes, wafers, breads, chips and curls, candies and gums, and chocolates.

“We’re fortunate enough that the market loves our product, so we’re looking at expanding our capacity some more to fulfill the market requirements,” Ng said.

Rebisco currently has a presence in markets such as Thailand, Taiwan, the United States, and the United Arab Emirates, and is looking to expand into more markets with a high Filipino population.

But inflation remains a concern, especially with the rising prices of raw materials such as cocoa, which may hit its bottom line this year.

“The net is going to be a little bit difficult this year. I think we’re looking at a little bit of potential in price inflation again. Some cost inflation, especially in our business, cocoa prices are up again,” he said.

When asked about plans to go public in the near future, Ng said, “It’s something we always hear people tell us or ask us. It’s maybe something to think about, but no real plans.” — VBL, GMA Integrated News

 

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