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)
May 16, 2023
2. SEC Identification Number
CS201503014
3. BIR Tax Identification No.
008-961-476-000
4. Exact name of issuer as specified in its charter
FRUITAS HOLDINGS INC
5. Province, country or other jurisdiction of incorporation
QUEZON CITY, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
60 CORDILLERA ST. COR. E. RODRIGUEZ SR. AVE. QUEZON CITYPostal Code1113
8. Issuer's telephone number, including area code
(02)884209447
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
FRUIT
2,133,680,000
11. Indicate the item numbers reported herein
ITEM NO. 9- OTHER EVENTS
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.
Fruitas Holdings, Inc.FRUIT
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Fruitas triples net income and grows revenue by 56% in 1Q2023 versus 1Q2022; Completion of Ling Nam acquisition to boost financial performance
Background/Description of the Disclosure
1Q2023 Highlights: • 1Q2023 revenue increased by 56% to Php515 million from Php330 million in 1Q2022; • 1Q2023 EBITDA at Php74 million, 40% higher than the Php53 million in 1Q2022; • 1Q2023 net income at Php19.2 million, three times 1Q2022 net income of Php6.4 million; • FRUIT’s entry into the Asian casual dining space through the recently completed acquisition of the Ling Nam business expected to boost financial performance.
Other Relevant Information
Please refer to SEC Form 17C with the full copy of the Press release