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EMP (Emperador) achieved double digit net income growth despite the pandemic

Emperador Inc. (EMP) is the world’s largest brandy company.  It owns the iconic Emperador Brandy and Fundador Spanish Brandy de Jerez. EMP recorded 11% growth in its net income to 5.9-Billion Pesos during the first nine months of the year.  During the third quarter alone, the EMP achieved 26% record growth in earnings to P2.5-billion.Continue reading “EMP (Emperador) achieved double digit net income growth despite the pandemic”

Alliance Global Group, Inc. (AGI) boosts stake in Emperador (EM) to 83.43%

Emperador Inc. (EMP) showed resilience amidst the pandemic. EMP was able to grow net profit to owners in the first half of 2020 by 2.4% as compared to the same period last year. The increase in net profit to owners might be small but in the midst of the ravages of the COVID-19 pandemic itContinue reading “Alliance Global Group, Inc. (AGI) boosts stake in Emperador (EM) to 83.43%”

Emperador (EMP) showed resilience, generates cash from operation despite the worst of times

The world saw the rapid spread of COVID-19, a novel strain of coronavirus, during the first quarter of the year which continued in the second quarter. In January, the outbreak was declared as a public health emergency of international concern; and in March, it was characterized as a pandemic as it had reached 114 countriesContinue reading “Emperador (EMP) showed resilience, generates cash from operation despite the worst of times”