The Keepers Holdings Reports 7.2% Increase in Net Income to P1.74 Billion in First Half 2026

The Keepers Holdings Reports 7.2% Increase in Net Income to P1.74 Billion in First Half 2026

The Keepers Holdings, Inc., a company that brings imported alcoholic drinks to the Philippines, shared some good news about their business performance for the first half of 2026.

According to the company’s official filing with the Securities and Exchange Commission (SEC) on August 13, 2026, The Keepers Holdings earned a net income of P1.74 billion during the first six months of 2026. This means the company made 7.2% more money compared to the P1.62 billion they earned during the same period in 2025.

What Does The Keepers Holdings Do?

The Keepers Holdings is the largest company in the Philippines that distributes imported liquor and beverages. Think of them as the company that brings famous drinks from other countries to stores in the Philippines. They bring in popular brands like Johnnie Walker, Chivas Regal, Red Bull, and many others that people buy in supermarkets and stores.

The company is led by businessman Lucio Co, a well-known figure in Philippine business.

Sales Performance

During the first half of 2026, The Keepers Holdings recorded total sales of P9.2 billion, which is 2% higher than the P9.0 billion they made in the same period last year.

The company explained that their growth was mainly driven by Alfonso, which is a leading imported brandy brand in the Philippine market. Alfonso has already sold more than it did before the COVID-19 pandemic hit, showing that people are buying more of this product again.

Understanding the Numbers

Let’s break down what happened with the company’s money:

  • Total Sales: P9.2 billion (up 2% from last year)
  • Cost of Goods Sold: P7.0 billion (the money spent to buy and bring the products to the Philippines)
  • Gross Profit: P2.2 billion (down 9.4% from last year)
  • Operating Expenses: P578.9 million (down 16.4% – this is good because the company spent less on operations)
  • Net Income After Tax: P1.74 billion (up 7.2% from last year)

Why Did Income Go Up?

Even though the company’s gross profit decreased, their net income still went up. This happened because:

  1. They spent less money on operating expenses (down 16.4%)
  2. They earned more “other income” which jumped by 918.9%
  3. They paid less in taxes compared to last year

The company also mentioned that more people are buying premium (more expensive and higher quality) drinks, and that bars and restaurants (called the “on-premise channel”) are bouncing back after the pandemic, which helped their sales.

Company Health Indicators

The company shared some numbers that show how financially healthy they are:

  • Book Value per Share: P1.33 (this tells us how much each share of stock is worth based on the company’s assets)
  • Earnings per Share: P0.12 for the first half of 2026
  • Current Ratio: 3.73:1 (this means the company has enough money to pay its short-term bills)

The company has 14.5 billion shares outstanding as of the reporting date.

What Brands Does Keepers Bring to the Philippines?

The Keepers Holdings Group brings many famous international brands to Filipino consumers, including spirits (strong alcoholic drinks), wines, and specialty beverages. Some of these iconic brands include Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, and Red Bull.

The company’s board of directors approved these financial results during their regular meeting on August 13, 2026, and filed the required report with the SEC.

Source Note:

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.

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