Alliance Select Foods International, Inc. (PSE: FOOD), a Philippine seafood company that processes tuna and sells to over 20 countries, shared its 2025 financial results during its Annual Shareholders Meeting on June 19, 2026.
What Happened with Their Sales?
The company reported that it earned US$78.8 million (around ₱4.6 billion) in 2025. This is 9% more money than what they made the year before. Think of it like this: if they made $100 last year, they made $109 this year.
According to the company, they sold more tuna products than before and found new customers in European countries, which helped them earn more money.
But They Still Lost Money Overall
Even though Alliance Select Foods sold more products, the company actually lost US$1.77 million in 2025. This means they spent more money than they earned.
Why did this happen? The company explained several reasons:
- Product mix problems: They sold products that didn’t make as much profit
- Higher costs to make products: It became more expensive to produce their tuna
- More expensive loans: They had to pay more money for the money they borrowed
Some Good News
The company did manage to spend 10% less on selling and administrative expenses (things like shipping and office costs). Their business inside the Philippines also grew and made better profits.
What the Company Leader Said
Jeoffrey P. Yulo, who is the President and CEO (the top boss) of Alliance Select Foods, admitted they weren’t happy with how things went. He said that just selling more isn’t enough – they also need to make sure they’re earning good profits and running the business efficiently.
The company plans to fix these problems by:
- Watching their spending more carefully
- Working more efficiently
- Managing their inventory (stored products) better
- Focusing on business deals that actually make money
Earthquake Creates Additional Challenges
The company also mentioned that a recent earthquake affected their operations in General Santos (a major tuna processing hub in the Philippines). Some of their warehouses and stored products were damaged, but their main production facilities where they process tuna were mostly okay.
The company said their first priority was making sure their employees were safe. They’re now checking all the damage and working to get everything back to normal. Fortunately, they have insurance that covers their buildings and equipment.
About Alliance Select Foods
Alliance Select Foods International, Inc. is a publicly-listed company on the Philippine Stock Exchange (trading under the symbol FOOD). They process tuna and sell their products to more than 20 countries around the world. The company is based in Pasig City, Metro Manila.
This information was disclosed by the company through an SEC Form 17-C filing, with Maria Resa S. Celiz signing as Assistant Corporate Secretary.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
