For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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Vitarich Corporation (VITA)
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Sector
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Industrial
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Incorporation Date
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Jul 31, 1962
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Subsector
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Food, Beverage & Tobacco
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Number of employees
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828 (Group Total)
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Board of Directors
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Chairman: Jose Vicente C. Bengzon III, CEO: Ricardo Manuel
M. Sarmiento
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Website / E-mail
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http://www.vitarich.com / info@vitarich.com
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2.
Stock Information
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Total Assets
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2,989,321,000
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Market Capitalization
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5,015,696,221.80
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Total Liabilities
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2,012,179,000
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Outstanding Shares
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2,786,497,901
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Retained Earnings
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-2,304,607,000
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Listed Shares
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2,786,497,901
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Listing Date
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Feb 08, 1995
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Issued Shares
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2,786,497,901
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Board Lot
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1,000
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Free Float Level (%)
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28.43%
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Par Value
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1.00
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Foreign Ownership Limit
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40%
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3.
Major Stock Holders (common shares)
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Kormasinc, Inc.
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69.2%
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4.
Company Descriptions and Business Development
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Notes
1. Ricardo Manuel M. Sarmiento is the son of Rogelio M.
Sarmiento and sister of Stephanie Nicole S. Garcia.
Benjamin I. Sarmiento Jr. and Lorenzo Vito M. Sarmiento
III are the uncles of Ricardo Manuel M. Sarmiento.
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Overview
The brothers Feliciano, Lorenzo and Pablo Sarmiento
established the forerunner of Vitarich in 1950. It operates 3 feed mill
plants, 3 dressing plants and 3 hatcheries, most of which are leased.
Business
Revenue
contribution in 2016
Food
Segment is engaged in growing, production and
distribution of chicken broilers, either as live or dressed.
Feeds
Segment caters to the feed requirement of the
poultry growers industry.
Farms
Segment is involved in the production of day-old
chicks and pullets.
Subsidiaries /
Associates / Affiliates / Joint Ventures
Gromax, Inc (100%)
Philippine’s Favorite Chicken Inc. (PFCI,
100%)
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