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                    [ArticleID] => 278414
                    [Title] => Ginebra San Miguel profit drops 12.3%
                    [Summary] => Ginebra San Miguel Inc. (GSMI) reported a 12.34 percent drop in its first quarter earnings this year to P367.87 million from P419.66 million a year earlier due to higher costs and expenses and interest charges.


In a financial report filed with securities regulators, GSMI said the 30 percent increase in excise tax in January this year also caused the decline in its income for the period under review.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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TONDENA PREMIUM RUM

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                    [ArticleID] => 278414
                    [Title] => Ginebra San Miguel profit drops 12.3%
                    [Summary] => Ginebra San Miguel Inc. (GSMI) reported a 12.34 percent drop in its first quarter earnings this year to P367.87 million from P419.66 million a year earlier due to higher costs and expenses and interest charges.


In a financial report filed with securities regulators, GSMI said the 30 percent increase in excise tax in January this year also caused the decline in its income for the period under review.


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Ginebra San Miguel profit drops 12.3%

By Zinnia B. Dela Peña | May 20, 2005 - 12:00am

Ginebra San Miguel Inc. (GSMI) reported a 12.34 percent drop in its first quarter earnings this year to P367.87 million from P419.66 million a year earlier due to higher costs and expenses and interest charges. In...

Business