Tanduay reports 91% net income growth to P1.36B

Tanduay Distillers Inc., owned by Lucio Tan, reported a 91 percent surge in net income for the first half of 2025, reaching P1.36 billion from P712 million in the same period last year.

The company's revenues increased by four percent to P15.25 billion due to higher selling prices and improved operational efficiency, with operating expenses dropping to P886 million.

Tanduay expanded its market share to 38 percent nationwide, up from 33 percent in the previous year, particularly in Visayas (68.3%) and Mindanao (81%).

The company's president and CEO, Lucio Tan III, attributed this success to operational efficiency and brand building efforts.

Tanduay has maintained its position as the world's top-selling rum by volume for eight consecutive years according to Drinks International magazine, with sales of 23.8 million case liters in 2024.

The company's products are now available in over 20 countries across North America, Europe, Asia, and beyond, solidifying its global presence.