PCPPI DECLARES DIVIDEND PAYOUT:

Pepsi-Cola Products Philippines Inc. posted net sales of P30.3 billion in 2017, in line with a strong 2016, a year which was influenced by election-related spending. Earnings before interest, taxes, depreciation and amortization stood at a healthy P3.8 billion in 2017, growing at a compounded annual rate of eight percent over the last five years. As a sign of consistent commitment towards shareholders, the PCPPI board of directors approved dividend payout consistent with past years. In photo (from left) are Samuel Dalisay, VP for supply; Allan Frias, SVP for operations; Rose Nava, corporate secretary; Imran Moid, CFO and SVP for finance; Yong Sang You, CEO; Oscar Reyes, chairman of the board; Samudra Bhattacharya, president; Rafael Alunan III, independent director; Domingo Almazan, SVP for sales; Vivian Cheong, SVP for HR; Lope Manuel Jr., VP for legal and corporate affairs.