AXELUM Resources Corp. saw net income climb 23 percent in 2025 to P850 million, attributed to record revenues on the back of strong export demand and expanding domestic operations.
In a disclosure on Monday, the listed coconut food products manufacturer said consolidated revenues surged 39 percent to P10.2 billion on robust volume growth and higher average selling prices across core segments.
Export sales jumped 41 percent, supported by new customers and a larger order book across North America, Europe, Australia and Asia.
Domestic revenues climbed 47 percent, fueled by growth in the institutional business, wider distribution reach and stronger online engagement.
Pretax income rose 39 percent to P1.1 billion while earnings before interest, taxes, depreciation and amortization (Ebitda) increased 30 percent to P1.4 billion.
Gross profit expanded 34 percent to P2.5 billion, with gross margins steady at 25 percent despite higher raw material costs due to tight coconut supply.
The company said Ebitda and net margins held at 14 percent and 8 percent, respectively, as cost control measures and operational efficiencies helped offset input cost pressures.
“Our record performance in 2025 underscores our ability to consistently deliver value amid industry headwinds and global uncertainties,” said Henry Raperoga, company president and CEO.
He said they were closely monitoring developments in the Middle East given the broader impact on fuel prices and logistics costs.
For 2026, Axelum has set aside around P200 million for capital expenditures, mainly for new machinery, equipment maintenance and automation initiatives.
The company said it aimed to sustain its growth momentum by accelerating its consumer-branded segment through new domestic retail offerings while continuing to develop high-value, innovative products for export markets.
Axelum shares on Monday slipped P0.04, or 1.68 percent, to close at P2.34 each.
