MANILA -Listed feed manufacturer Vitarich Corp. saw its net income surge by 44.2 percent last year to P129 million on the back of record-breaking revenues. In a disclosure, Vitarich reported that its revenues grew by 23.9 percent to P12 billion from P9.6 billion, as most business segments raked in profits with 'strong momentum' in the foods segment. This is the first time the company's topline surpassed the P10-billion mark in its 60-year history, it noted. '2022 brought many challenges to families and businesses particularly as inflation intensified and food prices rose by double digits.

https://business.inquirer.net/395787/vitarich-profit-surged-44-to-p129m-in-2022-as-chicken-sales-rose

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