Millennium Global Holdings, Inc.
PPSE:MG0.07
PHP
0.00
(0.00%)
Millennium Global Holdings, Inc.
PSE:MG
(Philippine Stock Exchange)
Recent
price
0.07
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Millennium Global Holdings, Inc. is a Philippine-based holding company engaged in the sourcing, processing, cold storage, distribution, and export of marine and aquaculture products. The company operates primarily through its operating subsidiaries, including Millennium Ocean Star Corporation and Cebu Canning Corporation, across three primary business segments: Seafood Processing and Export, Seafood Import and Domestic Distribution, and Canned Seafood Manufacturing. Its comprehensive product portfolio encompasses frozen and processed crustaceans and cephalopods, including black tiger prawns, spiny lobsters, loligo squid, giant squid fillets, cuttlefish, and octopus; fresh-frozen marine fish species, including kisu (asohos) fillets, lapu-lapu (grouper), parrot fish, and leatherjacket fish; processed value-added items, including surimi, fish balls, squid balls, and shrimp balls; canned specialty seafood, specifically pasteurized canned blue swimming crabmeat; and imported marine commodities, including Atlantic salmon, mackerel scad, and scallops. The company serves a diverse client base ranging from overseas wholesale seafood importers to domestic institutional buyers, including major supermarket chains, retail grocers, hotels, restaurants, and food processing companies across the Philippines, while exporting its products internationally to Japan, South Korea, Taiwan, Hong Kong, China, Europe, and the United States. Operations are supported by an integrated network of raw material buying stations, processing plants, and cold-storage facilities situated across the Luzon, Visayas, and Mindanao regions. Originally incorporated in 1964 as IPVG Corporation with business interests in information technology and media, the company executed a major strategic restructuring, changing its corporate name and core business purpose to a seafood-focused holding company. In recent corporate developments, Millennium Global Holdings has focused on optimizing its cold chain logistics and processing facilities, expanding domestic trading channels to counterbalance export shipping volatility, enhancing high-yield value-added crabmeat operations, and updating its corporate governance and board leadership structure. The company is headquartered in Parañaque City, Philippines.