CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jan 24, 2024
2. SEC Identification Number
12998
3. BIR Tax Identification No.
000-064-134-000
4. Exact name of issuer as specified in its charter
RFM CORPORATION
5. Province, country or other jurisdiction of incorporation
MANDALUYONG CITY, METRO MANILA
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
RFM CORPORATE CENTER, PIONEER COR. SHERIDAN STS., MANDALUYONG CITYPostal Code1550
8. Issuer's telephone number, including area code
(632) 8631-8101
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
RFM Common
3,369,549,358
11. Indicate the item numbers reported herein
Item No. 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
RFM CorporationRFM
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
RFM Corporation Declares Php250M cash dividends as 2023 Estimated Revenues Expand 7% to Php20.7B and Unaudited Income Reaches Php1.2B
Background/Description of the Disclosure
RFM Corporation CEO Jose Ma. A. Concepcion III disclosed that preliminary unaudited 2023 sales expanded 7% to Php20.7B supported by sales growth in milk, pasta, flour, ice cream and bread segments. Preliminary unaudited net income for 2023 grew 14% to Php1.2B from Php1.07B in 2022 as margins rebounded from better cost of raw materials like wheat and milk.
Note: This press release may contain “forward-looking statements” which are based on assumptions, and subject to risks and uncertainties that could affect RFM’s business and results of operations. These “forward-looking statements” include, but are not limited to, statements about known and unknown risks, uncertainties and other factors that may cause actual results to differ from expected future performance.
Other Relevant Information
Please refer to the attached document.
Filed on behalf by:
Name
MITCHIE VANESSA MAGOMNANG
Designation
AVP & HEAD-LEGAL AND LABOR RELATIONS DEPARTMENT AND CORPORATE SECRETARY