EMPERADOR Inc. posted a net recurring profit of P7 billion in 2019, up 5 percent from P6.67 billion the previous year.
Revenues hit P51.6 billion, up 10 percent from P46.91 billion.
“Last year’s stellar performance is a continued testament to our premiumization and globalization strategy for our renowned brandy and whisky products ranging from mainstream to luxury sold in over 100 countries,” said Winston Co, Emperador president.
Co said 2019 was another excellent year for the Scotch whisky segment with the business growing in every major region of the world.
“Asia remained a strong driver of growth supported by great results across Europe and North America,” he said.
Emperador also won a number of awards last year.
Fundador Brandy last year continued to expand around the world especially in the UK and Asia.
Co said in the local market, Emperador brandy remained at the helm” particularly in key metro cities.
