Strong growth

Figaro Coffee Group Inc. (FCG), the holding company behind popular food and beverage brands Figaro Coffee, Angel’s Pizza and Tien Ma’s Taiwanese Cuisine, reports a 27-percent growth in revenues, reaching P5.45 billion in the fiscal year ending June 30, 2024 from P4.28 billion in the same period last year, propelled by a record 57 new store openings—80 percent of which were Angels Pizza stores. Net income after tax grew by 17 percent year-over-year to P103.5 million.