FINANCIAL HIGHLIGHTS
For the Period Ended December 31, 2021
Ginebra San Miguel Inc. ended year 2021 with all-time high volumes, owing to strong performance of core brand Ginebra San Miguel. GSM Blue posted a double-digit growth of 28% from previous year.
Record-high volumes pushed Sales Revenues to Php42.5 billion, up 17% from last year. Income from Operations of Php5.3 billion outdid previous year by 39%, resulting in a Net Income of Php4.2 billion, 52% better than year ago and the highest level reached by the company.
| IN MILLION PESOS | FY 2021 | FY 2020 | CHANGE |
| Net Sales | 42,534 | 36,202 | 17% |
| Income from Operations | 5,293 | 3,806 | 39% |
| Net Income | 4,179 | 2,757 | 52% |
ANNUAL REPORTS
FINANCIAL HIGHLIGHTS
For the Period Ended December 31, 2021
Ginebra San Miguel Inc. ended year 2021 with all-time high volumes, owing to strong performance of core brand Ginebra San Miguel. GSM Blue posted a double-digit growth of 28% from previous year.
Record-high volumes pushed Sales Revenues to Php42.5 billion, up 17% from last year. Income from Operations of Php5.3 billion outdid previous year by 39%, resulting in a Net Income of Php4.2 billion, 52% better than year ago and the highest level reached by the company.
| IN MILLION PESOS | FY 2021 | FY 2020 | CHANGE |
| Net Sales | 42,534 | 36,202 | 17% |
| Income from Operations | 5,293 | 3,806 | 39% |
| Net Income | 4,179 | 2,757 | 52% |
ANNUAL REPORTS
