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                    [ArticleID] => 307549
                    [Title] => Tanduay profit up 55% to P582M in 9 months
                    [Summary] => Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P582 million in the nine months ending September this year, up 55 percent from the previous year’s P377 million, helped by higher selling prices and better product mix.


Consolidated net sales reached P5.3 billion or an increase of 13 percent from the year ago level of P4.7 billion. Sales volume was 11.1 million cases, partly as the same level as last year, partly as the high inflation rate caused by the increase in fuel prices has resulted in a weakening consumer demand.


                    [DatePublished] => 2005-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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COSSACK VODKA AND GUERRERO BRANDY

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                    [ArticleID] => 307549
                    [Title] => Tanduay profit up 55% to P582M in 9 months
                    [Summary] => Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P582 million in the nine months ending September this year, up 55 percent from the previous year’s P377 million, helped by higher selling prices and better product mix.


Consolidated net sales reached P5.3 billion or an increase of 13 percent from the year ago level of P4.7 billion. Sales volume was 11.1 million cases, partly as the same level as last year, partly as the high inflation rate caused by the increase in fuel prices has resulted in a weakening consumer demand.


                    [DatePublished] => 2005-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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Tanduay profit up 55% to P582M in 9 months

By Zinnia B. Dela Peña | November 20, 2005 - 12:00am

Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P582 million in the nine months ending September this year, up 55 percent from the previous year’s P377 million,...

Business