Manila, May 27 -- Emperador Inc., the world's largest brandy company, registered revenues of PHP51.6 billion in 2019, up 10 percent compared to the previous year.
Recurring net profit to the parent company also went up by 5 percent to PHP7 billion.
In a statement Wednesday, Emperador Inc. president Winston Co said "last year's stellar performance is a continued testament to our premiumization and globalization strategy for our renowned brandy and whisky products ranging from mainstream to luxury sold in over 100 countries."
The company said it was another "excellent year" for the Scotch whisky segment with the business again growing in every major region of the world.
Asia remained a strong driver of growth supported by great results ac...