FINANCIAL HIGHLIGHTS

For the Fiscal Year Ended March 31, 2021

 

Ginebra San Miguel Inc. started 2021 strong with volumes growing 29% from last year to its highest record in a single quarter. This was driven by sustained brand equity of core brands Ginebra San Miguel and Vino Kulafu, and improved awareness of GSM Blue.

High volumes brought Net Sales to ₱11.3 billion, 52% higher than year-ago results. Pushed by better efficiencies, Operating Income outdid last year by 88% to ₱1.3 billion, and Net Income more than doubled the previous year to ₱1.04 billion.

IN MILLION PESOSQ1 2021Q1 2020CHANGE
Net Sales11,3387,45252%
Income from Operations1,29068688%
Net Income1,042474120%

ANNUAL REPORTS

FINANCIAL HIGHLIGHTS

For the Fiscal Year Ended March 31, 2021

 

Ginebra San Miguel Inc. started 2021 strong with volumes growing 29% from last year to its highest record in a single quarter. This was driven by sustained brand equity of core brands Ginebra San Miguel and Vino Kulafu, and improved awareness of GSM Blue.

High volumes brought Net Sales to ₱11.3 billion, 52% higher than year-ago results. Pushed by better efficiencies, Operating Income outdid last year by 88% to ₱1.3 billion, and Net Income more than doubled the previous year to ₱1.04 billion.

IN MILLION PESOSQ1 2021Q1 2020CHANGE
Net Sales11,3387,45252%
Income from Operations1,29068688%
Net Income1,042474120%

ANNUAL REPORTS