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                    [Title] => Tanduay profit surges 86% to P422M
                    [Summary] => Tanduay Holdings Inc. of tobacco and  beer magnate Lucio Tan reported an 86-percent growth in its net profit for the first half this year to P422.06 million, driven by higher sales despite the increase in its selling prices.


In a financial report submitted to the Securities and Exchange Commission, the company said its net sales rose 18 percent to P3.7 billion. Sales volume increased slightly by three percent on account of weak first quarter results and higher inflation rate caused by the increase in global crude oil prices.


                    [DatePublished] => 2005-08-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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ABSOLUT CHEMICALS AND CABUYAO PACKAGING

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                    [Title] => Tanduay profit surges 86% to P422M
                    [Summary] => Tanduay Holdings Inc. of tobacco and  beer magnate Lucio Tan reported an 86-percent growth in its net profit for the first half this year to P422.06 million, driven by higher sales despite the increase in its selling prices.


In a financial report submitted to the Securities and Exchange Commission, the company said its net sales rose 18 percent to P3.7 billion. Sales volume increased slightly by three percent on account of weak first quarter results and higher inflation rate caused by the increase in global crude oil prices.


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abtest

Tanduay profit surges 86% to P422M

By Zinnia B. Dela Peña | August 11, 2005 - 12:00am

Tanduay Holdings Inc. of tobacco and beer magnate Lucio Tan reported an 86-percent growth in its net profit for the first half this year to P422.06 million, driven by higher sales despite the increase in its selling...

Business