Company Profile For First Pacific Co Ltd

First Pacific Company Limited is a Hong Kong-based investment and management company with operations located in Asia. Its principal business interests include telecommunications, infrastructure, consumer food products, and natural resources. On November 13, 2008, Metro Pacific Investments Corporation (MPIC) announced that it had completed the acquisition of 99.83% interest of First Philippine Infrastructure, Inc. (FPII) from First Philippine Holdings Corporation (FPH) and Benpres Holdings Corporation (Benpres). During the year ended December 31, 2008, the Company acquired a 21% interest in Philex Mining Corporation (Philex) in the Philippines. In July 2008, Indofood Agri Resources Ltd (IndoAgri) completed the subscription of a 60% interest in an integrated sugarcane plantation company, PT Lajuperdana Indah. In December 2008, PT Indofood Sukses Makmur Tbk (Indofood) acquired a 68.6% interest in Indolakto. Indolakto is the dairy products manufacturer in Indonesia.

BRIEF: For the six months ended 30 June 2009, First Pacific Company Limited's revenues decreased 12% to $1.81B. Net income from continuing operations increased 5% to $161.6M. Revenue reflects a decrease in the sales of Consumer Food Products. Net income benefited by an increase in other operating income, an decrease in distribution costs, a fall in depreciation and lower impairment loss on accounts receivables.

First Pacific Co Ltd
24th Floor
Two Exchange Square
8 Connaught Place Central
   

67904