Negosyante News

June 8, 2025 8:35 pm

Vitarich Hits Record Profit in Q1 2025 on Soaring Chicken Prices, New Business Stream


Vitarich Corporation kicked off 2025 with a historic financial performance, reporting a net income of ₱241.6 million in the first quarter—an astonishing leap from just ₱620,959 a year earlier. The company credited this dramatic rise to increased chicken prices across the country and the launch of a new revenue stream from day-old pullets.

Revenue also rose by nearly 9% to ₱3.195 billion, while gross profit more than doubled to ₱607.5 million. According to Vitarich’s regulatory filing, the strong start to the year was powered by the uptick in chicken prices and fresh income from its pullet operations.

Data from the Department of Agriculture show that Metro Manila’s average price for fully dressed chicken was ₱206.97 per kilogram in late March 2025, up from ₱180.70 during the same period in 2024.

Operating profit skyrocketed to ₱349.8 million—14.5 times higher than last year’s ₱24.1 million—despite a slight increase in operational costs due to freight, staffing, and marketing expenses.

“This result reflects our strong fundamentals and growing resilience in a challenging economic environment,” said Vitarich CEO Rocco Sarmiento. “While we anticipate short-term hurdles like chick supply shortages, we remain focused on growth opportunities to drive long-term success.”

Vitarich supplies chicken and dory fish to a wide range of clients, including hotels, restaurants, institutional buyers, supermarkets, and local wet markets.

The company’s stock price edged up to ₱0.60, a 1.69% increase from the previous day’s close.

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