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February 13, 2016 1:58 AM ET


Company Overview of Tanduay Distillers, Inc.

Company Overview

Tanduay Distillers, Inc. produces spirits, rhums, wines, brandies, gins, and vodka. Tanduay Distillers, Inc. was formerly known as Twin Ace Holdings, Inc. and changed its name to Tanduay Distillers, Inc. in July 1999. The company was incorporated in 1988 and is based in Manila, the Philippines. Tanduay Distillers, Inc. operates as a subsidiary of Tanduay Holdings Inc.

348 J. Nepomuceno Street

San Miguel District


Manila,  1001


Founded in 1988


63 2 733 9301


63 2 733 9096

Key Executives for Tanduay Distillers, Inc.

Tanduay Distillers, Inc. does not have any Key Executives recorded.

Tanduay Distillers, Inc. Key Developments

Tanduay Distillers, Inc. Announces Unaudited Earnings Results for the Nine Months Ended September 30, 2015

Tanduay Distillers, Inc. announced unaudited earnings results for the nine months ended September 30, 2015. For the nine months, the company’s net income reached PHP 337 million, a turnaround from the loss of PHP 83 million for the same period last year. Revenues relatively flat, as the slightly lower sales volume was partially offset by higher prices.

Tanduay Distillers, Inc. Reports Unaudited Earnings Results for the Six Months of 2015

Tanduay Distillers, Inc. reported unaudited earnings results for the six months of 2015. For the period, the company's net income amounted to PHP 179 million, a turnaround from the loss of PHP 172 million for the same period last year. Revenues were 2% higher on the back of recent price increases, despite the slightly lower sales volume.

Tanduay Distillers, Inc. Announces Unaudited Earnings Results for the Year Ended December 31, 2014

Tanduay Distillers, Inc. announced unaudited earnings results for the year ended December 31, 2014. For the year, the company's sales volume increased 17% year on year due to intensified marketing efforts for its product, Tanduay Five Years. The company was able to reverse the loss of PHP 172 million in the first half of 2014, generating an income of PHP 273 million in the second half of 2014. The company ended 2014 with an unaudited net income of PHP 101 million.

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