Saturday, February 10, 2018

Swift Foods, Inc. (SWI)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Swift Foods, Inc. (SWI)
Sector
Industrial
Incorporation Date
Jun 06, 1994
Subsector
Food, Beverage & Tobacco
Number of employees
14 (Group Total)
Board of Directors
Chairman: Jose S. Concepcion, Jr.
Website / E-mail
http://www.swift.com / acreyes@swiftfoods.com.ph
2. Stock Information
Total Assets
182,197,092.10
Market Capitalization
248,576,015.80
Total Liabilities
114,879,315.68
Outstanding Shares
1,814,423,473
Retained Earnings
-2,981,282,454.92
Listed Shares
1,704,946,700
Listing Date
Nov 14, 1994
Issued Shares
1,814,423,473
Board Lot
10,000
Free Float Level (%)
99.71%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common and preferred shares)
Horizons Realty, Inc.
28.63%
4. Company Descriptions and Business Development
Notes
1. Related companies: RFM
2. Jose S. Concepcion, Jr. is the father of Luis Bernardo Ma. A. Concepcion. Francisco A. Segovia is the latter’s first cousin.
Overview
 SFI was primarily organized into two business divisions, namely agribusiness (poultry and feeds) and meat (meat processing and sales & distribution) divisions. In 2002, the production, marketing and distribution activities of the meat division were transferred back to RFM. Starting 2006, the Company's only business is the poultry business. The Company has 10 integrated branches nationwide engaged in hatching, growing, dressing and distribution operations which supply poultry to customers within its geographic area. In 2012, the trade license agreement between the Company and RFM was finalized giving ownership of the "Swift" brand to the latter, which subsequently sold the trademark to a third party. 


Business
Revenue contribution in 2016
Poultry
44,052,000
100%

Subsidiaries / Associates / Affiliates / Joint Ventures

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MARKET ISSUES

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