December 05, 2016 8:36 AM ET

Beverages

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

Quiapo

Manila,  1001

Philippines

Founded in 1988

Phone:

63 2 733 9301

Fax:

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 Earnings Results for the First Nine Months Ended September 2016

Tanduay Distillers, Inc. announced earnings results for the first nine months ended September 2016. The company reported net income for January to September 2016 reached PHP 679 million, double the PHP 337 million reported for nine months 2015. Earnings grew largely due to the start of the contribution of bioethanol sales in 2016.

Tanduay Distillers, Inc. Reports Earnings Result for the First Half of 2016

Tanduay Distillers, Inc. reported earnings result for the first half of 2016. For the period, the company reported a 148% growth in net profits to PHP 444 million from PHP 179 million a year ago. Revenues grew largely due to the start of the contribution of bioethanol sales in 2016.

Tanduay Distillers, Inc. Reports Unaudited Earnings Results for the Year 2015

Tanduay Distillers, Inc. reported unaudited earnings results for the year 2015. The company's unaudited net income for 2015 reached PHP 422 million, significantly higher than the PHP 101 million reported in 2014. Revenues were relatively flat, as lower volumes were offset by price increases.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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