Financial Highlights
First Semester 2017
Ginebra San Miguel Inc. kept ahead of last year’s performance, driving first semester volumes to 13.6 million cases, 19% higher, mainly on account of flagship Ginebra San Miguel and Vino Kulafu.
Revenues improved by 20% as a result, to ₱10.1 billion, Operating Income by 44%, to ₱594 million, and Net Income nearly doubled, to ₱265 million.
| In Million Pesos | 1H 2017 | 1H 2016 | Change |
|---|---|---|---|
| Net Sales | 10, 125 | 8, 414 | 20% |
| Income from Operations | 594 | 414 | 44% |
| Net Income | 265 | 138 | 92% |
