Calata earns 18% more in 2015
MANILA, Philippines – Calata Corp., the listed distributor of agricultural products such as feeds and fertilizers, reported a net income of P154.040 million last year, 18 percent more than the P130.263 million posted in 2014.
This is on the back of higher revenues of P2.257 billion last year, which rose 33 percent from P1.702 billion in 2014.
“These are the highest revenues and profit that the company has earned so far in the history of its operations,” Calata said in a disclosure to the Philippine Stock Exchange (PSE) yesterday.
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