For the Period Ended June 30, 2018
Ginebra San Miguel Inc. saw higher volumes in the first semester of 2018 driven by core brands Ginebra San Miguel and Vino Kulafu. Total volumes registered at 15.6 million cases, 15% better than previous year.
Bigger volumes pushed Revenue to P12 billion, 19% up over the first half of 2017. Operating Income also rose 57% to P862 million, while Net Income was at P506 million, 91% ahead of same period last year.
|In Million Pesos||JUNE 2018||JUNE 2017||Change|
|Income from Operations||862||551||57%|