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La Tondena to post growth

La Tondena Distillers, Inc., the liquor and beverage unit of Philippine food and beverage conglomerate San Miguel Corp., is expected to post a 14% growth in revenue this year. Sources say the company`…

La Tondena Distillers, Inc., the liquor and beverage unit of Philippine food and beverage conglomerate San Miguel Corp., is expected to post a 14% growth in revenue this year. Sources say the company“s net profit is also expected to reach record levels, due to extraordinary gains from the sale of its water and juice businesses to Coca-Cola Co. and San Miguel unit Coca-Cola Bottlers Philippines, Inc.

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