Listed RFM Corp. booked a P212-million net income in the first quarter of 2020, a 4-percent decline from the P221 million post in the same period last year as a result of the enhanced community quarantine (ECQ) imposed over Luzon and other areas in the country.

This as the food and beverages manufacturer saw its sales grow by 3 percent to P3.2 billion from P3.1 billion year-on-year.

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