Strong brandy sales propel The Keepers' profit to ₱1.6 billion at end-Jun
The Keepers Chairman Lucio Co
Lucio Co-led liquor distributor The Keepers Holdings Inc. posted a 13.7 percent improvement in net income to ₱1.6 billion in the first half of 2025 from the ₱1.43 billion earned in same period last year driven by the strong sales of imported brandy.
In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenue for the first half of 2025 amounting to ₱9.04 billion, a 17 percent growth versus the previous year on the back of a 22 percent growth in volume of cases sold for the period.
This was driven principally by Alfonso, the leading imported brandy in the market, which has already surpassed its pre-pandemic levels, a premiumizing market and on-premise channel rebound.
To further boost sales growth, the Keepers Board has recently approved management’s proposal to incorporate a subsidiary to establish a chain of retail outlets dedicated for alcoholic beverages and related products.
The Keepers has also recently acquired 50 percent of Cervia Global Trading Inc. marking a strategic entry point into the premium local spirits market and at the same time supporting Philippine home-grown products. This also positions the company for growth in international markets.
Cervia is behind Sula, which produces flavored liqueur in coconut, dark chocolate and coffee flavors, using ingredients grown in the Philippines.
For over 20 years, The Keepers Holdings Group has brought and served Filipino consumers the leading international brands of spirits, wines and specialty beverages into the Philippines.
These iconic global brands include Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, Red Bull and many others.