![gsm anejo](https://www.ginebrasanmiguel.com/wp-content/uploads/2025/05/freedom_default.png")
Financial Highlights
For the period ended
December 31, 2024
Ginebra San Miguel Inc. ended year 2024 with record high volumes driven by the robust performance of its flagship brand Ginebra San Miguel. This was further spurred by GSM Blue and Vino Kulafu, both posting double-digit growth of 11% and 17%, respectively, over the previous year.
The historical high volumes propelled Revenues to Php62.5 billion, 17% higher from the prior year. Income from operations of Php8.6 billion outpaced the previous year by 26%, resulting in the company’s highest-ever Net Income of Php7.3 billion, 3% better year-on-year. Without the one-time income in 2023, Net income would have improved by 23%.
| In Million Pesos | FY 2024 | FY 2023 | Change |
|---|---|---|---|
| Net Sales | 62,505 | 53,639 | 17% |
| Income from Operations | 8,596 | 6,835 | 26% |
| Net Income | 7,257 | 7,046 | 3% |
| IN MILLION PESOS | FY 2024 | FY 2023 | CHANGE |
|---|---|---|---|
|
Net Sales |
62,505 |
53,639 |
17% |
|
Income from Operations |
8,596 |
6,835 |
26% |
|
Net Income |
7,257 |
7,046 |
3% |
Annual Reports
#OneGinebraNation
As soon as you hear the sound of glasses clinking to a toast, you know you’re in the right place. Whether you’re out with your closest friends or sharing a table with strangers on a casual Friday night, every moment is a celebration with Ginebra. Our barangay is a community where hearts unite and bonds grow stronger. We stand as one nation under Ginebra, where the spirit of togetherness thrives and every tagay is a testament to the everlasting Filipino spirit.
Financial Highlights
| In Million Pesos | FY 2024 | FY 2023 | Change |
|---|---|---|---|
| Net Sales | 62,505 | 53,639 | 17% |
| Income from Operations | 8,596 | 6,835 | 26% |
| Net Income | 7,257 | 7,046 | 3% |
#OneGinebraNation
As soon as you hear the sound of glasses clinking to a toast, you know you’re in the right place. Whether you’re out with your closest friends or sharing a table with strangers on a casual Friday night, every moment is a celebration with Ginebra. Our barangay is a community where hearts unite and bonds grow stronger. We stand as one nation under Ginebra, where the spirit of togetherness thrives and every tagay is a testament to the everlasting Filipino spirit.
FOR THE PERIOD ENDED DECEMBER 31, 2024
Ginebra San Miguel Inc. ended year 2024 with record high volumes driven by the robust performance of its flagship brand Ginebra San Miguel. This was further spurred by GSM Blue and Vino Kulafu, both posting double-digit growth of 11% and 17%, respectively, over the previous year.
The historical high volumes propelled Revenues to Php62.5 billion, 17% higher from the prior year. Income from operations of Php8.6 billion outpaced the previous year by 26%, resulting in the company’s highest-ever Net Income of Php7.3 billion, 3% better year-on-year. Without the one-time income in 2023, Net income would have improved by 23%.
Annual Reports
#OneGinebraNation
As soon as you hear the sound of glasses clinking to a toast, you know you’re in the right place. Whether you’re out with your closest friends or sharing a table with strangers on a casual Friday night, every moment is a celebration with Ginebra. Our barangay is a community where hearts unite and bonds grow stronger. We stand as one nation under Ginebra, where the spirit of togetherness thrives and every tagay is a testament to the everlasting Filipino spirit.
