The Keepers Holdings Inc. (Keepers), the country’s leading distributor of imported liquor, owned by business tycoon Lucio Co, delivered another record-breaking year in 2024 with a net income of ₱3.54 billion—up 21.3% from ₱2.92 billion in 2023. This stellar performance was driven by robust sales volume, particularly in the imported brandy segment.
Consolidated revenues reached ₱18.5 billion, marking a 13.6% year-on-year increase, supported by a 14% rise in the volume of cases sold. The star performer was Alfonso, the top-selling imported brandy in the Philippines, which not only maintained its market leadership but also exceeded pre-pandemic sales levels. Growth was further bolstered by continued premiumization and a strong recovery in on-premises consumption channels.
In recognition of its solid financial performance, the Keepers’ Board of Directors has approved a 50% regular dividend payout, amounting to ₱0.12 per share or a total of ₱1.77 billion. Shareholders on record as of May 6, 2025, will receive the dividend, which reflects an attractive dividend yield of 4.8%. The payout will be sourced from the company’s unrestricted retained earnings as of December 31, 2024.
For over two decades, The Keepers Holdings Group has played a pivotal role in bringing premium international beverage brands to Filipino consumers. Its diverse portfolio includes globally renowned names such as Johnnie Walker, Chivas Regal, Glenfiddich, Suntory, Jinro, Jose Cuervo, Jim Beam, Penfolds, Red Bull, and many more.
With a strong foundation, strategic brand partnerships, and a dynamic consumer base, Keepers continues to solidify its leadership in the Philippine alcoholic beverage market.
