Axelum Resources Corp. (PSE: AXLM), the country’s leading fully-integrated manufacturer and exporter of premium coconut food products, discloses its financial and operating performance for first half 2025.
Axelum generated sales of ₱4.5 billion, up 40% from the previous year, driven by robust volume growth and higher average selling prices across most product segments. Core white meat products including desiccated coconut, sweetened coconut and coconut milk/cream, which accounted for more than half of total revenues, increased by 72%, 7% and 69%, respectively. Coconut water, the fastest-growing product segment, grew by 28% and is on-pace to achieve record production output this year. Per geography, Axelum registered double-digit growth for all key export markets including the United States, Europe, Australia and Asia, while domestic sales rose by 56% owing to broader distribution channels and an emerging institutional business.
“Rising demand continues to fuel heavy consumption of coconut-based products despite prolonged global supply shortfalls, resulting to unprecedented commodity prices. Looking ahead, we remain confident in our ability to capitalize on strategic market opportunities under these circumstances to anchor a stronger performance in the second
half,” stated Mr. Henry J. Raperoga, President and Chief Operating Officer of Axelum Resources Corp.
Gross profit jumped 31% to ₱961 million, leading to an EBITDA of ₱421 million, up 9% compared to the same period last year. Pre-tax profit stood at ₱258 million up 8%, while net income settled at ₱220 million, up 6% year-on-year. In terms of operating margins, elevated input costs largely contributed to margin pressure with average nut buying prices increasing more than two-fold for the period, mainly due to prevailing supply tightness.
For the remainder of the year, Axelum maintains a positive outlook on the back of strong mainstream demand for its products across major export markets. On the other hand, Axelum will continue to closely monitor evolving macro developments particularly peaking coconut oil prices and newly-imposed US import tariffs to effectively assess and minimize potential business impacts.
To date, Axelum is in the process of developing new retail offerings scheduled for launch in the coming months aligned with its aggressive consumer-led strategy.
