The Keepers Holdings, Inc.'s Net Income Grew 20% to P2.17 Billion in 9M24

​Lucio Co-led The Keepers Holdings Inc. (Keepers), the largest imported liquor distribution in the Philippines, delivered another strong performance for the nine-month of 2024 with net income of P2.17 billion growing 20% versus the previous year driven by the strong sales volume performance from the imported brandy segment.

​Keepers recorded consolidated revenue during the nine-month of 2024 amounting to P11.7 billion, a 15% growth versus the previous year on the back of a 18% 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.

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.

The Keepers Holdings, Inc. (KEEPR) is a publicly-listed holding company that controls three major players in the Philippines’ imported spirits, wine, and related specialty beverage distribution businesses: Montosco, Inc. (Montosco), Meritus Prime Distributions, Inc. (“Meritus”), and Premier Wine & Spirits Inc (Premier). According to IWSR Drinks Market Analysis Limited (IWSR), the Company is the leading distributor of imported spirits in the Philippines, with a market share of 74.0% based on volume and 66.9% based on retail sales value in 2020.