Balai ni Fruitas Inc. reported that its profits for the first half of 2022 already exceed full-year 2021 levels as it continued to benefit from economies of scale and improved store performance.
Results from Balai Pandesal operations only started to be reflected in June 2021; the addition of Balai Pandesal has driven the Company’s significantly improved financial performance. In addition, BALAI is looking to further expand its portfolio through a mix of product brand introductions and potential acquisitions.
With the Balai Pandesal commissary expected to be operational within in the third quarter this year, BALAI is on track to increase the number of Balai Pandesal stores to 80 by the end of 2022.
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