The Keepers Holdings, Inc.'s Net Income Grew 23% to P1.43 Billion in H1-2024

​Lucio Co-led The Keepers Holdings Inc. (Keepers), the largest imported liquor distribution in the Philippines, delivered another strong performance in the first half of 2024 with net income of P 1.43 billion growing 23% versus the previous year due to the strong sales volume performance from imported brandy, spirits, wines and specialty beverages.

Keepers has recorded consolidated revenue during the first half of 2024 amounting to P7.7 billion, a 19% growth versus previous year on the back of a 22% growth in volume of casessold 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 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.
 
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. was incorporated on November 5, 1963 as Mariwasa Manufacturing, Inc. and listed on the Philippine Stock Exchange on September 3, 1991. On July 2, 2008, the SEC approved the change in corporate name to Mariwasa Siam Holdings, Inc., and its primary purpose from manufacturing to an investment holding company. On April 26, 2013, the SEC approved the change to Da Vinci Capital Holdings, Inc. The Company had no operation or business from May 2013 to June 2021.