Operating profit for the third quarter stood at PHP548m and PHP1.92 billion for the nine-month period.
PHILIPPINES: Net income up 27% at La Tondena
Spirits producer, La Tondena Distillers Inc., reported third quarter net profit of PHP347m ($6.55m), up some 27% from the previous year. The strong growth in the third quarter boosted net profit for the first nine months of the year which reached PHP1.161 billion.