Emperador Reports 4.5% Net Attributable Profit Growth in Q1
MT Newswires05-20
Emperador (SGX:EMI) net profit to equity holders grew 4.5% during the first quarter of the year, compared to a year earlier, according to a Wednesday filing with the Singapore Exchange.
Net profit also rose to 1.9 billion pesos, despite the current geopolitical situation.
The global liquor company reported an increase in revenue of 13.3 billion Philippine pesos during the first quarter of the year.
Meanwhile, brandy and whisky sales posted a 6% year-over-year increase, thanks to sustained demand and steady contributions across all regions.
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