August 26, 2025 | 12:00am
MANILA, Philippines — Lucio Tan-owned liquor firm Tanduay Distillers Inc. posted its strongest first half efficiency, with revenue surging by 91 p.c on the again of upper revenues, improved margins and market share positive factors.
Tanduay’s internet revenue practically doubled within the first semester to P1.36 billion from P712 million earned in the identical interval final yr.
Greater promoting costs buoyed revenues by 4 p.c to P15.25 billion from final yr’s P14.63 billion.
Working bills declined to P886 million from P1.06 billion, primarily attributable to diminished promoting, promotion and different prices.
Throughout the first half, Tanduay continued to broaden its footprint within the distilled spirits market, rising its nationwide share to 38 p.c from 33 p.c final yr.
The model additional strengthened its dominance within the Visayas and Mindanao, with market shares of 68.3 p.c and 81 p.c, respectively.
“This milestone displays the energy of the Tanduay model and the loyalty of our shoppers throughout the nation,” Tanduay president and CEO Lucio Tan III mentioned.
“By specializing in operational effectivity and model constructing, we’re well-positioned to maintain our management within the liquor trade and pursue additional progress in each home and worldwide markets,” he mentioned.
Tanduay Distillers, based in 1854, has developed from its Manila roots into a world powerhouse.
In response to Drinks Worldwide journal’s Millionaires’ Membership report, Tanduay has maintained its place because the world’s primary rum by quantity for at the very least eight consecutive years, promoting 23.8 million case liters in 2024, surpassing famend rivals comparable to Bacardi (19.7 million) and Captain Morgan (11.5 million).
Tanduay has additionally made vital inroads into worldwide markets, with its merchandise now obtainable throughout North America, Europe, Asia and past, together with international locations comparable to america, United Kingdom, China, Canada, Australia, Belgium, Germany, Singapore, the UAE and Peru, amongst others.
