Monde Nissin Commits ₱7.5 Billion to Drive 2025 Expansion

Monde Nissin Corp. is pouring roughly ₱7.5 billion into capital projects this year, with most of the budget dedicated to expanding its Asia-Pacific branded food and beverage (APAC BFB) operations.

According to Chief Finance Officer Jesse Teo, the company will construct a new biscuit manufacturing plant in Northern Luzon to meet rising demand and resolve recent supply bottlenecks. “We’ve seen strong demand in our biscuit lines, but limited capacity has held back shipments. This new plant should help us fix that quickly,” Teo said.

About ₱6.6 billion of the total budget will fund the facility, which is projected to generate over ₱10 billion in extra annual sales once fully operational. The new capacity will focus on popular brands like M.Y. San Grahams and Skyflakes, targeting both domestic and overseas markets.

The remainder of the spending will go to the company’s meat alternative unit, with plans to reduce its debt load and narrow losses.

In 2024, Monde Nissin’s core net income jumped 28.6% to ₱9.8 billion, up from ₱7.6 billion a year earlier. Reported net income returned to positive territory at ₱449.52 million, recovering from a ₱626.58 million loss in 2023. The APAC BFB division posted an 8% revenue increase in the fourth quarter, driven by higher sales volumes across all categories.

The meat alternative business, however, saw gross profit dip 3.2% to ₱2.9 billion despite slightly stronger margins, aided by lower material and utility costs.

Looking ahead, CEO Henry Soesanto forecasts mid-single-digit revenue growth in 2025, with profitability expected to remain in line with last year’s levels.

On Friday, Monde Nissin shares closed at ₱7.00, down one centavo or 0.14%.