Emperador Inc. – the largest global brandy company owning the world’s iconic and best- selling brandy Emperador Brandy – saw normalized net profit to owners grow by 35% year-on-year to P7.9 billion in the first nine months of 2021, while revenues rose by 11% to P38.4 billion. Even after deducting a non-cash deferred tax expense, net profit to owners increased by 24% to P7.3 billion.

Megaworld, the country’s largest developer of integrated urban townships, grew its net income by 46% to P3.3-billion in the third quarter this year from P2.2-billion during the same period last year as the company begins its recovery phase with eased restrictions and gradual re-opening of the country’s economy.