Emperador profit rises 5% last year

Listed Emperador Inc. saw its recurring net profit increase by 5 percent to P7 billion last year and its revenues rise by 10 percent to P51.6 billion from the 2018 figure.

“Last year’s stellar performance is a continued testament to our premiumization and globalization strategy for our renowned brandy and whisky products ranging from mainstream to luxury sold in over 100 countries,” Emperador President Winston Co was quoted as saying in the disclosure on Wednesday.