Keepers Net Income Grew 21% to P3.54 billion in 2024

Lucio Co-led The Keepers Holdings Inc. (Keepers), the largest imported liquor distribution in the Philippines, delivered another strong performance for 2024 with net income of Php 3.54 billion growing 21.3% versus Php 2.92 billion the previous year driven by the strong sales volume performance from the imported brandy segment.

Keepers recorded consolidated revenue for the year 2024 amounting to Php 18.5 billion, a 13.6% growth versus the previous year on the back of a 14% growth in volume of cases sold for the period. This was driven principally by Alfonso, the leading imported brandy in the market, which has already surpassed its pre-pandemic levels, premiumizing market and on-premise channel rebound.

The board of Keepers has approved a 50% regular dividend payout, equating to Php 0.12 per share, which amounts to a total of Php 1.77 billion. This regular dividend will be distributed to shareholders of record as of May 6, 2025 and reflects a dividend yield of 4.8%. These payouts will be sourced from Keepers unrestricted retained earnings as of December 31, 2024.

For over twenty years, The Keepers Holdings Group has brought and served Filipino consumers the leading international brands of spirits, wines and specialty beverages into the Philippines. These iconic global brands include Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, Red Bull and many others.