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Emperador reports earnings of $55.0 mil for 1QFY2023, 10% higher y-o-y

Felicia Tan
Felicia Tan • 1 min read
Emperador reports earnings of $55.0 mil for 1QFY2023, 10% higher y-o-y
The group’s revenue rose by 26% y-o-y to 15.6 billion pesos with Greater China and North America seeing continued growth in the 1QFY2023. Photo: Bloomberg
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Leading brandy and whisky group, Emperador (SGX:EMI) , has reported net income to owners (or earnings) of 2.3 billion pesos ($55.0 million) for the 1QFY2023 ended March 31, 10% higher y-o-y.

The group’s revenue rose by 26% y-o-y to 15.6 billion pesos.

“Our business continues to be strong. We are happy to report a record first quarter net income of 2.3 billion pesos, coming from three consecutive banner performances in FY2020, FY2021 and FY2022,” says Emperador’s president Winston Co.

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