Higher fish prices lift Alliance Select income

Title Tuna Business Booms Higher Fish Prices Lift Alliance Select Income (60 characters)

Blog Post

Alliance Select Foods International Inc. Continues to Thrive Amid Rising Fish Prices

In its latest financial report, homegrown tuna producer Alliance Select Foods International Inc. has revealed a remarkable 78% increase in consolidated net income after tax to $713,000 for the first nine months of 2025. This surge is attributed to an improved product mix and better plant efficiency.

While consolidated net revenue declined 3.5% year on year to $55.4 million due to reduced demand in the European market, the company effectively mitigated the impact by shifting towards higher-margin products. This resulted in a 6% increase in gross profit to $6.1 million compared to the prior year.

We will continue to build on this momentum by optimizing our product mix and sustaining efficiency gains to maximize profitability and shift market dynamics, said Alliance Select President and CEO Jeoffrey Yulo.

The company's favorable fish prices during the second quarter were reflected in the third quarter, while improved shipping arrangements enhanced profitability. Gross profit rate also improved by 120 basis points year on year, reflecting favorable raw material costs, higher plant utilization, and improved operating efficiencies.

Net income was tempered by higher interest expenses resulting from slower collections and elevated inventory levels following second-quarter shipping delays beyond the company's control. Alliance Select share price remained unchanged at P0.36 apiece on Tuesday.

Insight In today's era of flux, it is crucial for companies like Alliance Select to abide by their core values, adapt to market shifts, and optimize processes to maximize profitability. As the saying goes, When you come to a fork in the road, take it. In other words, seize opportunities as they arise, just like Alliance Select did with its higher-margin products.

Conclusion The rise in fish prices has undoubtedly lifted Alliance Select's income. However, it is essential for the company and others in the industry to stay true to their values, adapt to changing market conditions, and optimize processes to ensure long-term success.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.