The Keepers Holdings Inc., the Lucio Co-led imported liquor distributor, said Tuesday net income last year jumped 41 percent to a record high P2.23 billion on strong sales from all categories–imported wine, spirits and specialty beverages.
Keepers said revenue in 2022 increased 27 percent to P13.95 billion on the back of a 20 percent growth in sales volume to more than 5.3 million cases. Sales was driven primarily by the performance of Alfonso, an imported brandy that exceeded its pre-pandemic sales.
The liquor distributor completed last year its acquisition of 50 percent equity in Bodegas Williams & Humbert SA, the producers of Alfonso, the Keepers’ flagship brand and the number 1 imported brandy in the Philippines.
Keepers has declared annual cash dividends amounting to P0.054 per common share, equivalent to 50 percent dividend payout of 2021 net income.
International brands distributed by Keepers include Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Alfoso, and Penfolds.
