LISTED Figaro Coffee Group Inc. (Figaro/FCG) said on Tuesday that business unit Figaro Innovation and Development Inc. (FIDI) had been registered as an export enterprise by the Philippine Economic Zone Authority (PEZA).
LISTED Figaro Coffee Group Inc. said on Tuesday that business unit Figaro Innovation and Development Inc. had been registered as an export enterprise by the Philippine Economic Zone Authority .In a disclosure, Figaro said it had received a copy of the certificate of registration issued by the PEZA certifying FIDI's registration as an export enterprise engaged in the production of pizza products and frozen pizza.
PEZA and FIDI also executed on Tuesday a supplemental agreement that will form part of a registration pact.The agreement covers FIDI's production of roasted coffee and pizza products at the LT-SEZ under standard registration terms and conditions.The Figaro Coffee Group reported a net income of P387.6 million for the nine months ending March 31, 2024, up 5 percent from P370.7 million in the same period last year.It booked a net income of P104.
Innovation Gets PEZA Certification
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