The Keepers Holdings Inc. (Keepers), the undisputed leader in imported liquor distribution across the Philippines, is set to further solidify its market presence by establishing a subsidiary dedicated to a chain of retail outlets for alcoholic beverages and related products.
This strategic expansion comes on the heels of a strong first quarter in 2025, where the Lucio Co-led company achieved a 14.3% surge in net income to Php 690 million and a significant 20.9% jump in consolidated revenues, reaching Php 4.06 billion.
For over two decades, Keepers Holdings Group has been the primary gateway for Filipinos to enjoy globally recognized spirits, wines, and specialty beverages. Their impressive portfolio features iconic international brands such as Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, Red Bull, and numerous others.
The exceptional performance in the first quarter of 2025 was largely driven by robust sales of imported brandy, with the leading brand Alfonso exceeding pre-pandemic levels. This growth is also attributed to the increasing preference for premium products and the recovery of on-premise consumption channels.
The Group’s net profit after tax for the first three months of 2025 amounted to Php 689.9 million, a notable 14.3% increase compared to the Php 603.8 million recorded in the same period last year.
Core operations were the primary earnings driver, contributing Php 583.2 million (84.5%), while investing activities accounted for the remaining Php 106.7 million (15.5%).
As of March 31, 2025, Keepers’ total assets reached Php 21.4 billion, with a significant portion (72.6%) in current assets. Total liabilities stood at Php 3.3 billion, mainly comprising trade payables.
The Group’s total equity increased to Php 18.1 billion, reflecting the strong first-quarter earnings. Operating activities generated a substantial net increase in cash and cash equivalents of Php 2.1 billion during the period.
