The spirits division of the Philippine drinks giant San Miguel, Ginebra San Miguel, announced today that its net income in the second-quarter is up 13%, on the back of increased sales thanks to marketing efforts.
The company, previously known as La Tondena, posted a net profit of 403m pesos for the period. For the first half, the net profit of 925 million pesos was 14% higher than a year earlier.
Consolidated sales volume in the first half grew 8% from a year earlier, with revenues up 9% to 5.97 billion pesos.
Analysts now believe the company is well set to reach market estimates of at least 1.8 billion pesos ($32.8 million) in net profit this year.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
ROBOT Kombucha by Net Zero Foods has won the Innovation Award in the Probiotic Beverages category in the 2025 Just Drinks Excellence Awards. Discover how this AI-developed, 100% organic, low-sugar probiotic cola is reshaping gut-health drinks while championing bee-friendly, sustainable sourcing.
Discover the Impact
