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+ Follow FELICISIMO NACINO JR. Tag
FELICISIMO NACINO JR.
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 651630
                    [Title] => RFM Corp to raise up to P1B in first quarter to boost capacity
                    [Summary] => 

Food and beverage conglomerate RFM Corp. is aiming to raise up to P1 billion through a private placement or follow-on offering of shares possibly in the first quarter this year to beef up capacity of its production facilities as it strengthens its financial and strategic position for further growth.

[DatePublished] => 2011-01-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 482504 [Title] => RFM's property development unit mulls listing in 2 years [Summary] =>

Philippine Townships Inc. (Philtown) plans to list at the Philippine Stock Exchange in the next two years or once market conditions improve, RFM Corp. executive vice president and chief operating officer Felicisimo Nacino Jr. said during the food and beverage company’s annual stockholders’ meeting Tuesday.

[DatePublished] => 2009-07-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 482218 [Title] => RFM mulls P500-million bond offer this year [Summary] =>

Food and beverage conglomerate RFM Corp. is studying the possibility of a P500-million bond offering late this year to raise funds for capital expenditures.

[DatePublished] => 2009-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 459824 [Title] => RFM income rises 5% to P245 million in 2008 [Summary] =>

MANILA, Philippines - RFM Corp., the food and beverage concern of the Concepcion family, reported a five percent gain in its net income last year despite a softening in consumer spending due to the global financial downturn.

[DatePublished] => 2009-04-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 352396 [Title] => RFM reports 4-fold increase in net profit for 1st half [Summary] => Food and beverage conglomerate RFM Corp. posted a net income of P95 million for the first six months of the year or more than four times the P18.6 million recorded the previous level, mainly driven by higher sales across all its products.

"The continuing positive trend was attributed to the strong performance of its flour, pasta, baked goods and ice cream businesses, while other segments such as meat, milk, juice and property development, continued to work on lowering their cost structures and improving their margins," said RFM in a statement.
[DatePublished] => 2006-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 352582 [Title] => RFM reports 4-fold increase in net profit for 1st half [Summary] => Food and beverage conglomerate RFM Corp. posted a net income of P95 million for the first six months of the year or more than four times the P18.6 million recorded the previous level, mainly driven by higher sales across all its products.

"The continuing positive trend was attributed to the strong performance of its flour, pasta, baked goods and ice cream businesses, while other segments such as meat, milk, juice and property development, continued to work on lowering their cost structures and improving their margins," said RFM in a statement.
[DatePublished] => 2006-08-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 283839 [Title] => RFM turns around with P4-M net income in Q1 [Summary] => RFM Corp., the food and beverage concern of the Concepcion family, made a significant turnaround in its financial performance during the first quarter of the year with a net profit of P4 million as against losses of P30 million in the previous year-period.

RFM executive vice-president and chief operating officer Felicisimo Nacino Jr. attributed the improvement in the company’s financial performance to cost-cutting measures implemented by management, improving margins in the branded food business, as well as higher contributions from the flour business.
[DatePublished] => 2005-06-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 261204 [Title] => RFM turns around, nets P15M in second quarter [Summary] => Following a successful brand-building program, the Concepcion-owned RFM Corp. reported a turnaround in its financial performance in the second quarter this year as it posted a net profit of P15 million, compared with the P65-million loss in the same period last year.

Sales for the quarter rose 8.8 percent to P1.4 billion. From an operating loss of P32 million, the company reported an operating income of P73 million.
[DatePublished] => 2004-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 255945 [Title] => RFM sees higher sales this year [Summary] => After successfully trimming its losses and undergoing an aggressive market-building campaign last year, the Concepcion-owned RFM Corp. is optismistic that 2004 will be better than last year as it eyes higher sales from its core branded foods business.
[DatePublished] => 2004-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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