The Keepers Holdings Inc., the country’s largest liquor importer, posted a net income of P1.62 billion for the first half of 2025, a 13.7 percent increase from P1.43 billion in the same period last year.
In a disclosure to the stock exchange Tuesday, the company attributed the growth to robust sales in its imported brandy segment. Consolidated revenue for the period rose 17 percent to P9.04 billion, boosted by a 22 percent growth in the volume of cases sold.
The company, owned by businessman Lucio Co, said its flagship brand, Alfonso, has already exceeded its pre-pandemic sales levels. A recovering on-premise market and a shift toward more premium products also contributed to the higher sales.
The Keepers also reported that its board of directors has approved a proposal to establish a new subsidiary. The new company will operate a chain of retail stores focused on alcoholic beverages and related products.
The Keepers recently acquired a 50 percent stake in Cervia Global Trading Inc., marking its entry into the premium local spirits market. Cervia is the maker of Sula, a line of flavored liqueurs in coconut, dark chocolate, and coffee varieties, using locally sourced ingredients.
The company said the acquisition supports local producers while also serving as a platform for future international expansion.
The Keepers imports and distributes a wide range of global liquor brands in the Philippines, including Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, and Red Bull.
Jenniffer B. Austria
