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                    [ArticleID] => 159701
                    [Title] => Vitarich back in the red after 2 good years
                    [Summary] => After two profitable years, poultry and feeds company Vitarich Corp. again suffered losses as its fastfood subsidiaries remained a thorn in its operations.


In 2001, the Sarmiento-controlled firm posted net losses of P115.861 million, a sharp reversal from the P28.564 million earnings in 2000, mainly on the back of the P119.745 million in accrued losses from its equity investments in its subsidiaries.  Minus the equity losses, Vitarich would have earned a mere P3.88 million during the period.


                    [DatePublished] => 2002-05-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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FAVORITE CHICKEN

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                    [ArticleID] => 159701
                    [Title] => Vitarich back in the red after 2 good years
                    [Summary] => After two profitable years, poultry and feeds company Vitarich Corp. again suffered losses as its fastfood subsidiaries remained a thorn in its operations.


In 2001, the Sarmiento-controlled firm posted net losses of P115.861 million, a sharp reversal from the P28.564 million earnings in 2000, mainly on the back of the P119.745 million in accrued losses from its equity investments in its subsidiaries.  Minus the equity losses, Vitarich would have earned a mere P3.88 million during the period.


                    [DatePublished] => 2002-05-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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Vitarich back in the red after 2 good years

By Christina Mendez | May 5, 2002 - 12:00am

After two profitable years, poultry and feeds company Vitarich Corp. again suffered losses as its fastfood subsidiaries remained a thorn in its operations. In 2001, the Sarmiento-controlled firm posted net losses...

Business