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Emperador reports 1HFY2024 earnings of $87.6 mil, 19.6% lower y-o-y

Felicia Tan
Felicia Tan • 2 min read
Emperador reports 1HFY2024 earnings of $87.6 mil, 19.6% lower y-o-y
For the 2QFY2024, the group’s earnings stood at 2.07 billion pesos, 14.3% lower y-o-y. Photo: Bloomberg
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Brandy and whisky group, Emperador, which has a secondary listing on the Singapore Exchange (SGX:S68) (SGX), has reported earnings of 3.81 billion Philippine pesos ($87.6 million) for the 1HFY2024 ended June 30, 19.6% lower y-o-y. The group's primary listing is on the First Board of the Philippine Stock Exchange.

For the 2QFY2024, the group’s earnings stood at 2.07 billion pesos, 14.3% lower y-o-y.

1HFY2024 revenue fell by 7.9% y-o-y to 28.64 billion pesos as both brandy and whisky revenues fell on a y-o-y basis.

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