Emperador 2022 net income flat at P10B

by The Manila Times

Apr 13, 2023 12:31 am

LIQUOR firm Emperador Inc. on Wednesday announced that its 2022 net income remained flat at P10.10 billion mainly due to disruptions in global logistics and high inflation.

Despite this, the company still saw revenues increase by 12 percent to P62.80 billion, driven by strong global demand for its whisky and brandy products, and the overall diversity of its product portfolio.

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