Balai Ni Fruitas Inc. (BALAI) Stock Price

-5.06%
Price Data
₱0.375
₱0.395
₱0.375
₱0.490
₱0.360
Market Data
₱93,800
₱560.63 Million
37.50
₱0.0100
₱0.330

Company Profile
Balai Ni Fruitas Inc. (BALAI), formerly Buko Ni Fruitas, Inc., was registered with the Securities and Exchange Commission (SEC) on May 17, 2005. The Company is primarily engaged in the trading of freshly baked goods and fruit-based beverages and desserts. The Company is a wholly-owned subsidiary of Fruitas Holdings, Inc. BALAI started its operations in August 2005 when it opened its first "Buko Ni Fruitas" kiosk in Robinsons Place Manila serving fresh coconut-based beverages and desserts. Since then, the Company has expanded to create and acquire new brands. Currently, the Company has three active brands namely, "Buko Ni Fruitas" (BNF), "Fruitas House of Desserts" (FHOD), and "Balai Pandesal" (BP). On November 24, 2021, the Company adopted its present name to reflect its intention to mainly focus on expanding the network of BP stores. BALAI operates in three store formats community store, kiosk, and inline store. As of December 31, 2022, the Company has a total of 98 stores across the country. This is comprised of 40 BNF, 11 FHOD, and 47 BP stores, 92% (90 stores) of which are company-owned stores. Source: SEC Form 17-A (2022)
Stock Information
Sector
Sme
Subsector
Sme
Outstanding Shares
1,495,005,000
Share Type
Common
ISIN
PHY1001G1041
10000