Tanduay Distillers, Inc. (TDI), the liquor and spirits arm of LT Group, Inc. (LTG), posted its best first-half results on record, nearly doubling profits on stronger revenues, improved margins, and wider market share.

Net income surged 91% to ₱1.36 billion in the first half of 2025 from ₱712 million last year. Revenues grew 4% to ₱15.25 billion, driven by higher selling prices, while cost of sales remained steady at ₱12.62 billion. This lifted the gross profit margin to 17% from 14% in 2024. Operating expenses also dropped 16% to ₱886 million, reflecting tighter cost controls.

Tanduay strengthened its nationwide market share to 38% from 33% a year ago, with continued dominance in the Visayas (68.3%) and Mindanao (81%).

“This milestone reflects the strength of the Tanduay brand and the loyalty of our consumers,” said Tanduay President and CEO Lucio Tan III. “By focusing on efficiency and brand building, we are well-positioned to sustain our leadership and pursue growth in both local and global markets.”

TDI’s performance boosted LT Group’s consolidated results, with attributable net income rising 17% to ₱14.97 billion—its second-best first-half and second-quarter since its follow-on public offering.

Founded in 1854, Tanduay has grown into the world’s top-selling rum for at least eight consecutive years, according to Drinks International. In 2024, it sold 23.8 million case liters, outpacing Bacardi (19.7 million) and Captain Morgan (11.5 million).

Today, Tanduay products are available across North America, Europe, Asia, and beyond, including the US, UK, China, Canada, Australia, Germany, Singapore, and the UAE, underscoring its strength as a global rum powerhouse.