Monde Nissin Corporation (PSE: MONDE), the company behind popular brands like Lucky Me! noodles and SkyFlakes crackers, shared its financial results for the year ending December 31, 2025. According to the company’s announcement on March 26, 2026, they had some good news to share with their shareholders.

What Does “Core Net Income” Mean?

Think of “core net income” as the real profit a company makes from its everyday business – like selling noodles and crackers – without counting unusual one-time events. For Monde Nissin, their core net income for the fourth quarter (the last three months of 2025) went up by 8.1% to Php 2.5 billion compared to the same period the year before.

Company Shares Profits with Stockholders

The company’s Board of Directors decided to give back some money to people who own shares in the company. They approved a cash dividend of Php 0.24 for each share. This means if you own 100 shares of Monde Nissin, you would receive Php 24. The company will check who owns shares on April 24, 2026, and send out the payments on May 21, 2026.

How Did the Company Perform Overall?

For the entire year of 2025, Monde Nissin’s total sales reached Php 86.5 billion – that’s like selling 86.5 billion pesos worth of noodles, crackers, and other products! This was 4.0% higher than the previous year.

However, when looking at the full year, core net income attributable to shareholders (the profit that goes to company owners) decreased slightly by 0.8% to Php 9.7 billion. But the fourth quarter showed improvement, which is why the company highlighted that period’s 8.1% growth.

Understanding Monde Nissin’s Two Main Businesses

Asia-Pacific Branded Food and Beverage (The Philippines and Nearby Countries)

This is the bigger part of Monde Nissin’s business, selling products like Lucky Me! noodles, SkyFlakes, and Fita crackers mainly in the Philippines and other Asian countries. For the full year, this division’s sales grew by 4.7% to Php 72.8 billion. In the Philippines specifically, sales grew by 5.4% for the year.

One challenge this business faced was higher costs for edible oil (the oil used in cooking and making their products). This made their “gross profit margin” – which is like the percentage of money left after paying for ingredients and making the products – go down. Think of it like this: if you sell lemonade for 10 pesos but lemons become more expensive, you make less profit from each cup even though you’re still selling the same amount.

Meat Alternative Business (Quorn Foods)

This is Monde Nissin’s business that makes plant-based meat substitutes, primarily sold in countries like the United Kingdom and United States under the Quorn brand. For the full year, sales stayed relatively flat, declining 2.9% when accounting for currency differences.

The good news is this business became more efficient. Their gross profit grew by 20.0% for the full year, and their gross margin (profit percentage) improved significantly by 417 basis points (that’s 4.17 percentage points) to 25.6%. This happened because they lowered costs, managed their inventory better, and increased some prices.

What About That “Guaranty Asset” Mentioned?

The company reported a Php 501 million non-cash loss from something called a “guaranty asset” related to their Meat Alternative business. This is complicated, but basically it’s a financial arrangement where Monde Nissin provides a guarantee using its own shares as collateral to cover losses in their Quorn business. The value of this guarantee goes up and down based on Monde Nissin’s stock price and other factors.

Company’s Financial Health

According to the announcement, Monde Nissin remains financially strong with Php 15.4 billion in cash and cash equivalents as of December 31, 2025. The company has very little debt compared to its equity (the net debt-to-equity ratio is just 0.13), and it generated Php 11.3 billion in operating cash flow during 2025.

What the CEO Said

Henry Soesanto, the company’s Chief Executive Officer, explained that their Asia-Pacific food and beverage business had steady growth in the fourth quarter, helped by increased sales volume of biscuits and other products. While higher edible oil costs created pressure on profits, the company’s actions like adjusting prices and finding ways to save costs helped improve margins slightly.

For the Meat Alternative business, Mr. Soesanto noted that while the category remains challenging, they met their full-year goals and made steady progress in transforming the business.

The CEO concluded by highlighting that strong cash flow and a healthy balance sheet allowed them to return money to investors through dividends while continuing to invest in growing the business.

Key Numbers at a Glance

• Full Year 2025 Revenue: Php 86.5 billion (up 4.0%)
• Q4 2025 Revenue: Php 23.2 billion (up 5.7%)
• Full Year Core Net Income to Shareholders: Php 9.7 billion (down 0.8%)
• Q4 Core Net Income to Shareholders: Php 2.5 billion (up 8.1%)
• Cash Dividend: Php 0.24 per share
• Cash and Cash Equivalents: Php 15.4 billion

Source: Monde Nissin Corporation press release dated March 26, 2026

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.