Financial Highlights
Full-Year 2017
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 |
|---|---|---|---|
| Net Sales | 20,892 | 18,572 | 12% |
| Income from Operations | 1,397 | 978 | 43% |
| Net Income | 602 | 361 | 67% |
