Ginebra San Miguel Inc. grew volumes for a fourth straight year in 2017, driven by core brands Ginebra San Miguel and Vino Kulafu. Total volumes reached 27.7 million cases, 10% ahead of the prior year.
Revenues rose by 12%, to P20.9 billion, as a result of better volumes. Operating Income reached P1.4 billion, 43% higher than previous year, and Net Income P602 million, 67% higher.
|In Million Pesos||2017||2016||Change|
|Income from Operations||1,397||978||43%|