MANILA, Philippines – Tanduay Distillers, Inc.’s continued growth played a significant role in driving the Lucio Tan Group’s (LTG) strong financial performance in 2025. The conglomerate posted its fourth consecutive year of record earnings, with a consolidated attributable income of PhP30.98 billion in 2025, a 7% increase from the Php28.92 billion it recorded in 2024.
Tanduay recorded a net income of PhP3.12 billion in 2025, a 45% increase from 2024’s PhP2.15 billion. This marked its sixth consecutive year of record-breaking profits, increasing its share in LTG’s consolidated attributable income from 7% in 2024 to 10% in 2025.
“Tanduay’s continued growth reflects its strength as a brand and the trust of our consumers. Achieving six consecutive years of record profits also shows the efficiency of our teams across the organization and their focus on delivering quality products for Tanduay’s increasing consumer base,” said Lucio Tan III, LTG President and COO and Tanduay President and CEO.
Sustained Growth Driven by Strategic Efficiency
Tanduay’s strong bottom line was supported by higher net revenues of PhP34.00 billion in 2025, which was slightly above the PhP33.85 billion it recorded in 2024. It was also fueled by better pricing strategies and improved operational efficiency.
Cost of sales declined to Php28.12 billion in 2025 compared to Php28.92 billion in 2024, higher selling prices, and cost reduction programs resulted in a higher gross profit margin of 17%, up from 15% in 2024.
Tanduay’s operating expenses also went down to Php2.02 billion, from Php2.12 billion in 2024, due to lower spending on advertising, promotions, and other operating costs.
Local Market Dominance
Beyond its strong financial performance, Tanduay also strengthened its leadership in the country as it expanded its national market share to 39.5%, up from 34.2% in 2024. It continued to dominate the Visayas with a 70.4% market share, and Mindanao with an even bigger 82.9% market share.
Moving forward, Tanduay is looking to further expand its international footprint by increasing its product availability in more countries. It aims to capitalize on the growing global demand for premium spirits and introducing more international consumers to one of the Philippines’ most iconic rum brands. As of this writing, Tanduay is distributed in Australia, Austria, Belgium, Canada, Costa Rica, Czech Republic, Denmark, Estonia, Germany, Hungary, India, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, People’s Republic of China, Peru, Poland, Singapore, Slovakia, South Korea, Taiwan, Thailand, the Netherlands, United Arab Emirates, United States, and United Kingdom.
Tanduay will also continue to roll out initiatives aimed at giving back to its loyal customers and communities. The brand’s customer relationship has helped sustain its growth over the years.
“As we build on the momentum of the previous year, we will keep strengthening Tanduay’s presence locally and globally. We will remain focused on product quality and innovation, while also looking for more ways for people around the world to experience the heritage and tradition behind Tanduay,” Tan said.
