SPLASH Corp., a listed personal care products manufacturer, confirmed  a report on Monday that it is considering putting up overseas manufacturing facilities as it continues to expand its customer base abroad.

In a filing to the Philippine Stock Exchange, Splash said it is evaluating the establishment of “in-country manufacturing facilities” in the Middle East and Africa as an alternative to exporting products.

“The Middle East and Africa do present promising business opportunities for Splash Corporation’s personal care products,” Splash said in the disclosure.

At present, the company sells and markets its products abroad through foreign distributors and export consolidators. Its foreign distributors include subsidiaries in Malaysia, Indonesia and Nigeria. Revenue contributions from its international operations have been growing and accounted for 13.7 percent last year, compared with 8.4 percent in 2008.

Splash is a major player in the personal care sector, with several of its products like Maxi-Peel, Kolours Hair Dye and Skin White lotion maintaining dominant market positions.

Splash reported earlier that net income in the six months to June rose 15.7 percent to P55.93 million while sales hit P1.61 billion, up more than 16 percent year on year.

The company completed in September the takeover of condiments maker Barrio Fiesta Manufacturing Corp. as part of a plan to expand in the food sector.

Shares of Splash added 2.48 percent to P2.07 each on Monday.