{"id":342856,"date":"2026-05-30T05:25:55","date_gmt":"2026-05-29T23:55:55","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=342856"},"modified":"2026-05-30T05:25:55","modified_gmt":"2026-05-29T23:55:55","slug":"ginebra-san-miguel-q1-earnings-climb-to-p2-3b","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/05\/30\/ginebra-san-miguel-q1-earnings-climb-to-p2-3b\/","title":{"rendered":"Ginebra San Miguel Q1 earnings climb to P2.3B"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><figcaption class=\"wp-caption-text\">BW FILE PHOTO<\/figcaption><\/figure>\n<\/div>\n<p class=\"p2\"><span class=\"s2\">GINEBRA SAN MIGUEL, Inc. <\/span><span class=\"s1\">(GSMI) said its first-quarter net income rose 9% to P2.3 billion in 2026 from P2.1 billion a yr earlier, driven by improved margins and lower raw material costs.<\/span><\/p>\n<p class=\"p3\">In a press release on Thursday, the corporate said consolidated revenues for the January-to-March period increased 3% to P16.7 billion from P16.3 billion in the identical period last yr.<\/p>\n<p class=\"p3\">Gross profit rose 11% to P4.5 billion, which the corporate attributed to higher selling prices, lower molasses costs, and improved distillery efficiencies.<\/p>\n<p class=\"p3\"><span class=\"s1\">\u201cEven with cost pressures affecting the broader economy, we stayed focused and disciplined in execution, ultimately expanding our market share and further reinforcing our leadership within the domestic industry,\u201d GSMI President and Chief Executive Officer Ramon S. Ang said.<\/span><\/p>\n<p class=\"p3\"><span class=\"s2\">The corporate said the first-quarter performance followed its 2025 results, when it posted its 12<sup>th<\/sup> consecutive yr of volume growth and sold a record 51 million cases.<\/span><\/p>\n<p class=\"p3\"><span class=\"s3\">In 2025, GSMI\u2019s net income increased 20% to P8.7 billion from P7.3 billion in 2024. Revenues rose 8% to P67.4 billion, while operating income climbed 21% to P10.4 billion.<\/span><\/p>\n<p class=\"p3\">The corporate said the \u201cKabayani Kita sa One Ginebra Nation\u201d campaign and the \u201cGinstanalo sa One Ginebra Nation\u201d consumer promotion helped support sales volumes and market share in Luzon, Visayas, and Mindanao in 2025.<\/p>\n<p class=\"p3\">In line with the corporate, brands resembling Vino Kulafu, GSM Blue, and Primera Light Brandy also posted growth throughout the period.<\/p>\n<p class=\"p3\">GSMI said it plans to proceed launching campaigns in 2026 to support brand relevance and consumption growth.<\/p>\n<p class=\"p3\"><span class=\"s4\">The corporate said additionally it is investing in operational improvements, including the modernization of bottling lines and the expansion of its bottle-washing network.<\/span><\/p>\n<p class=\"p3\">\u201cThese investments are aimed toward sustaining growth, strengthening its supply chain, deepening regional engagement, and expanding our premium portfolio to capture evolving consumer preferences,\u201d it said.<\/p>\n<p class=\"p3\">Shares in GSMI fell 0.81% to shut at P270.80 each on Thursday. \u2014 <b>Alexandria Grace C. Magno<\/b><\/p>\n<\/p><\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BW FILE PHOTO GINEBRA SAN MIGUEL, Inc. (GSMI) said its first-quarter net income rose 9% to P2.3 billion in 2026 from P2.1 billion a yr earlier, driven by improved margins and lower raw material costs. In a press release on Thursday, the corporate said consolidated revenues for the January-to-March period increased 3% to P16.7 billion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":342857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[19523,5411,697,2490,44534,868],"class_list":["post-342856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-climb","tag-earnings","tag-ginebra","tag-miguel","tag-p2-3b","tag-san"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=342856"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342856\/revisions"}],"predecessor-version":[{"id":342859,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342856\/revisions\/342859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/342857"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=342856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=342856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=342856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}