FINANCIAL HIGHLIGHTS

For the Period Ended December 31, 2019

 

Ginebra San Miguel Inc. concluded full year 2019 strong with sales driven by core brands Ginebra San Miguel and Vino Kulafu, and emerging GSM Blue. Total volumes grew 14% from last year.

Better volumes prompted a Revenue of P29.1 billion, which was 17% higher than previous year. Operating Income surpassed year ago by 57%, to P2.9 billion, while Net Income increased by 59%, to P1.7 billion.

IN MILLION PESOSFY 2019FY 2018CHANGE
Net Sales29,06324,83517%
Income from Operations2,8781,83257%
Net Income1,6721,05359%

ANNUAL REPORTS

FINANCIAL HIGHLIGHTS

For the Period Ended December 31, 2019

 

Ginebra San Miguel Inc. concluded full year 2019 strong with sales driven by core brands Ginebra San Miguel and Vino Kulafu, and emerging GSM Blue. Total volumes grew 14% from last year.

Better volumes prompted a Revenue of P29.1 billion, which was 17% higher than previous year. Operating Income surpassed year ago by 57%, to P2.9 billion, while Net Income increased by 59%, to P1.7 billion.

IN MILLION PESOSFY 2019FY 2018CHANGE
Net Sales29,06324,83517%
Income from Operations2,8781,83257%
Net Income1,6721,05359%

ANNUAL REPORTS

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