Axelum Resources Corp.
PPSE:AXLM2.79
PHP
-0.02
(-0.71%)
ISIN
PHY0564R1015
CUSIP
Y0564R101
Return %
Stock
S&P 500
1Y
64.12
14.20
3Y
43.81
81.12
5Y
-3.12
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Romeo I. Chan
- Full Time Employees
- 4,489
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- Makati Philippines
- IPO Date
- Oct 7, 2019
- Website
- axelum.ph
- Similar Companies
- Business
- Axelum Resources Corp. is a Philippines-based fully integrated manufacturer, exporter, and distributor of premium coconut-based food and beverage products for retail, food service, and industrial applications worldwide. The company operates through several core product segments, offering desiccated coconut in various cuts, shapes, and specifications including macaroon, medium, flakes, chips, toasted, and sweetened varieties; liquid coconut water packaged in aseptic tetra containers for ready-to-drink beverage brands; coconut milk, coconut cream, and coconut milk powder; coconut cooking oil, extra virgin coconut oil, and organic coconut oil; reduced-fat coconut and coconut flour; and specialty coconut derivatives including coconut butter and sweetened condensed coconut milk. Axelum markets its products under proprietary brands such as Fiesta, Fiesta Tropicale, and Red V, while serving as a strategic original equipment manufacturer and private-label contract processor for major multinational food and beverage enterprises, including a principal long-term supply partnership with The Vita Coco Company. Founded in 2010 and headquartered in Medina, Misamis Oriental, Philippines, the company maintains extensive agro-industrial processing facilities in Northern Mindanao and operates an international distribution footprint spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East, supported by overseas distribution subsidiaries including Red V Foods Corp. in the United States and RVF Global Distribution in Europe. In recent corporate developments, Metro Pacific Agro Ventures Inc., the agribusiness subsidiary of Metro Pacific Investments Corporation, entered into a landmark strategic partnership to acquire a 34.76 percent equity stake in Axelum, establishing a collaborative platform to scale international market penetration, enhance agricultural productivity, and strengthen coconut supply chain integration. In addition, the company has expanded its aseptic processing and bottling capacities, introduced new functional plant-based organic coconut formulations, and secured extended long-term supply agreements with primary global beverage partners.