First Pacific Co. Ltd.HKEX: 142

First Pacific Company: Record recurring profit and robust segment growth offset by FX-driven net profit decline

· Issued by First Pacific Co. Ltd.

Recurring profit rose 13% to a record $339.4M in 1H 2024, while net profit fell 20% due to FX losses. Indofood, PLDT, and MPIC posted record revenues, and the group remains confident in medium-term growth.

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