Emperador says net income grew 35 pct in Jan-Sept

  • 📰 ANCALERTS
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 50%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Emperador Inc on Thursday said its net profit normalized in the first 9 months of the year, growing 35 percent to P7.9 billion.

MANILA—

Its net income in the first 9 months has already matched the full 2020 earnings of P8 billion, the global brandy company told the stock exchange."We are extremely delighted with our performance in spite of challenges in global logistics as well as the hard lockdown in the Philippines in the third quarter of 2021," Emperador Inc president Winson Co said.

"We are confident that 2021 will be another banner year for Emperador, as economies open up. We look forward to an even better 2022," he added. Emperador said its international brandy business led by Fundador continues to do well in the UK, US, Canada, Spain, Mexico, Canada and Asia, including the Philippines.In September, Emperador said it has submitted documents for its secondary listing at the Singapore Exchange.Watch more on iWantTFC

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Petron posts P4.99-billion net income in Jan-SeptPetron posted a net income of P4.99 billion in the January to September period, reversing the P12.6 billion net loss it incurred in the same period last year.
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Megaworld net income at P8.6B in first 9 months of 2021Megaworld Corp said Wednesday its net income for the first 9 months of the year rose 6 percent to P8.6 billion from P8.1 billion in the same period last year.
Source: ABSCBNNews - 🏆 5. / 83 Read more »

SM Investments' 9-month earnings rise by 79%The SM Group's holdings firm disclosed a net income of ₱27.2 billion from January to September — up from last year's ₱15.2 billion — amid higher earnings from its retail, property, and banking businesses. $SLT SMARTLANDS is the future of realestate. If you are into realestate investment, you need to be into Smartlands $SLT is the $BTC of realestate
Source: CNN Philippines - 🏆 13. / 63 Read more »

FDI net inflows hit $812-M in August, up 19.8 pctThe Philippines booked $812 million in net inflows of foreign direct investments in August, up 19.8 percent from the same month last year, the BSP said.
Source: ANCALERTS - 🏆 26. / 50 Read more »

DMCI posts record P13.5-B net income in first 9 monthsDiversified engineering conglomerate DMCI Holdings, Inc. more than tripled its consolidated net income to P13.5 billion in the first nine months of 2021 from P3.9 billion in the same period last year. 😲
Source: manilabulletin - 🏆 25. / 51 Read more »

PLDT Home says focusing on customers as demand growsPLDT Home said is investing more in improving customer service experience as the internet becomes a necessity during the COVID-19 pandemic.
Source: ABSCBNNews - 🏆 5. / 83 Read more »