FOOD and beverage firm RFM Corp. reported on Friday that its net income for the third quarter rose by 20 percent to P211 million on the back of strong revenues from its ice cream business.
Revenues in the period grew 7 percent from a year ago to P3.16 billion driven by robust sales from its Selecta ice cream brand, with demand boosted by the less-than-usual wet weather in the third quarter.
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