Emperador’s 9-month income up 11%

·1 min read

EMPERADOR Inc. has recorded 11 percent growth in its net income to P5.9 billion during the first nine months of the year as international sales of its brandy and whisky products in various markets around the world boosted its bottom line.

During the third quarter alone, the company achieved 26 percent record growth in earnings to P2.5 billion, as overseas demand for its products surged amid the global pandemic.

Around the world, Fundador has been particularly showing spectacular performance even in North America. In the United States (US) alone, Fundador achieved 23 percent growth during the first nine months of the year.

In Canada, sales have also tripled during the first nine months as Fundador Light has been made available in Alberta, Canada as a new expression this year.

The new Fundador Double Light was also rolled out across the US. Meanwhile, in the United Kingdom, Fundador grew 185 percent during the first nine months, while in Italy, it recorded 15 percent growth during the same period. (PR)