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%|