MANILA — Publicly listed food and beverage company Monde Nissin Corporation reported a 9.1 percent increase in revenue for the first quarter of 2026, reaching P22.8 billion, driven by stronger performance across all business categories.

In an online briefing, Monde Nissin chief financial officer Jesse Teo said the growth was partly supported by a low base in the same period last year.

He added that the company still recorded volume growth despite implementing price adjustments early this year.

“We were able to grow volume at the time when we had to raise prices again. We take pricing on manageable chunks, usually three to four percent, and because of that, relatively, we are still one of the best one with the most economical food item,” he said.

Company data showed that core net income attributable to shareholders rose 11.3 percent to P3.3 billion, while net income increased 34.1 percent to P3.7 billion. The higher net income included P210 million in non-cash gains from fair value adjustments related to the firm’s meat alternative guaranty asset.

Net sales under the Asia Pacific Branded Food and Beverage segment grew 8.6 percent to P19.1 billion in the first quarter, supported by gains across all product categories.

Monde Nissin officials also said noodle sales are expected to continue driving growth in the second quarter, citing steady demand during periods of economic pressure or crisis conditions.