Lucio Co-led The Keepers Holdings Inc. (Keepers), said profit last year reached P1.58 billion, up 34.4 percent from P1.18 billion in 2020
Revenues reached P11.03 billion, up 35.1 percent from 2020’s P8.16 billion.
The largest imported liquor distributor in the Philippines said it posted a 31.9 percent growth in volume of cases sold at more than 4.46 million cases in 2021.
“This was driven principally by the continued robust performance of Alfonso, the leading imported brandy in the market, which has already surpassed its pre pandemic levels despite some challenges brought by the continuing impact of the Covid-19 lockdowns experienced during the year,” it said.
Keepers closed 2021 with a cash position of over P7.7 billion. It said it will be utilized for the expansion of its diversified and curated liquor portfolio as well as its distribution capabilities across the Philippine archipelago in line with its medium-term strategic expansion plans and programs.
