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                    [ArticleID] => 332307
                    [Title] => Tanduay profits up 11.5% to P735.5M in ’05
                    [Summary] => Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P735.51 million last year, up 11.5 percent from P659.83 million in 2004.


In a financial report filed with securities regulators, Tanduay said the increase in net income was due to the negative goodwill of P279 million that resulted from the acquisition of Asian Alcohol Corp. (AAC).


From the date of its acquisition, AAC contributed P30 million to the Tanduay group’s earnings.


                    [DatePublished] => 2006-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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VODKA AND GUERRERO BRANDY

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                    [ArticleID] => 332307
                    [Title] => Tanduay profits up 11.5% to P735.5M in ’05
                    [Summary] => Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P735.51 million last year, up 11.5 percent from P659.83 million in 2004.


In a financial report filed with securities regulators, Tanduay said the increase in net income was due to the negative goodwill of P279 million that resulted from the acquisition of Asian Alcohol Corp. (AAC).


From the date of its acquisition, AAC contributed P30 million to the Tanduay group’s earnings.


                    [DatePublished] => 2006-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Tanduay profits up 11.5% to P735.5M in ’05

By Zinnia B. Dela Peña | April 20, 2006 - 12:00am

Tanduay Holdings Inc., the liquor unit of tobacco and beer magnate Lucio Tan, posted a net income of P735.51 million last year, up 11.5 percent from P659.83 million in 2004. In a financial report filed with securities...

Business