Securities and Exchange Commission

Gonzales 08:16 AM, Nov 02, 2022

November 2, 2022

Dear Christ Joshua,

Thank you for your request dated Nov 01, 2022 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Industry Average/Ideal Ratio of Food Manufacturing Corporations.

We received your request on Nov 01, 2022 and will respond on or before Nov 22, 2022 03:10:54 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://portalaudit20180803v2-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy00OTE1NjIwOTQxMjQM, for request with ticket number #SEC-491562094124.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Espiritu 05:02 PM, Nov 04, 2022

November 4, 2022

Dear Christ Joshua Culaba,

Greetings!

Thank you for your request dated Nov 01, 2022 03:10:54 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your Request

You asked for the AVERAGE/IDEAL FINANCIAL RATIOS of the whole  Food Manufacturing Industry in the Philippines from 2018-2019.

Response to Request

We have available data on the Top 1000 Corporations ranked by Gross Revenue. As such, not all industry players are covered therein. The industry average financial ratios may be obtained through independent research on the Audited Financial Statements (AFS) of companies filed with the SEC. 

For additional clarification and/or information on the related fees and procedures on our Top 1000 Corporations data, you may coordinate with Ms. Ma. Theresa M. Bersabal through email address mtmbersabal@sec.gov.ph or telephone number 02 8818-6117.

To request for copies of AFS filed with the SEC, you may visit https://secexpress.ph/application-form or contact hotline number (02) 8737-8888. All documents requested through this system will be delivered within five to seven days from confirmation of payment. The list of SEC fees may be found at https://secexpress.ph/service-fees. 

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino through ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,

Rose Ann Espiritu
FOI Receiving Officer