Ginebra San Miguel Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
April 14, 2024 at 11:05 pm EDT
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Ginebra San Miguel Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was PHP 53,638.57 million compared to PHP 47,340.75 million a year ago. Net income was PHP 7,045.87 million compared to PHP 4,547.22 million a year ago.
Basic earnings per share from continuing operations was PHP 24.61 compared to PHP 15.88 a year ago. Diluted earnings per share from continuing operations was PHP 24.61 compared to PHP 15.88 a year ago.
Ginebra San Miguel Inc. is a Philippines-based company. The Company is engaged in the manufacturing and selling of alcoholic beverages. The Company's products include Ginebra San Miguel, Ginebra San Miguel Premium Gin, G.S.M. Blue Light Gin, G.S.M. Blue Mojito, G.S.M. Blue Margarita, G.S.M. Blue Gin Pomelo, Ginebra San Miguel Premium Gin, 1834 Premium Distilled Gin, Antonov Vodka, Anejo Gold Rum, San Miguel Ethyl Alcohol, Tondena Manila Rum Primera Light Brandy and Vino Kulafu. Its Ginebra San Miguel Premium Gin is available in 750 milliliter (ml) bottle. Its G.S.M. Blue Light Gin is available in long neck 700 ml and solo 350 ml bottles. The Company's subsidiaries include Distileria Bago, Inc. (DBI), East Pacific Star Bottlers Phils Inc. (EPSBPI), Agricrops Industries Inc. (AII), Healthy Condiments, Inc. (HCI), Ginebra San Miguel International Ltd. (GSMIL), GSM International Holdings Ltd. (GSMIHL), Global Beverage Holdings Ltd. (GBHL) and Siam Holdings Ltd. (SHL).
GINEBRA SAN MIGUEL INC. 
