Cosco Capital Inc., the parent firm of Puregold Price Club, reported a 6.6 percent increase in net income to P10.7 billion in the first nine months of 2025, buoyed by the solid performance of its grocery and liquor distribution businesses.
In a statement on Wednesday, the company said the growth was primarily driven by strong consumer spending and steady expansion across its retail and beverage operations.
Cosco’s grocery segment, led by Puregold and S&R Membership Shopping, posted a P7.3-billion consolidated net income, up 5.6 percent from a year ago, as sales continued to grow amid sustained consumer demand.
Meanwhile, its liquor distribution arm, The Keepers Holdings Inc., delivered a 12 percent increase in net income to P2.43 billion, fueled by higher sales of imported brandy—particularly its flagship product Alfonso, the country’s leading imported brandy.
Aside from Alfonso, The Keepers also distributes Johnnie Walker, Chivas Regal, Suntory, Jinro, Jose Cuervo, Red Bull, and other premium alcoholic and specialty beverage brands.
On the other hand, Office Warehouse Inc. posted a flat net income of P65.7 million, while its revenues inched up 0.7 percent to P1.61 billion, reflecting stable performance in the office supplies and equipment market.
Cosco Capital said it remains focused on strengthening its retail footprint, expanding product offerings, and leveraging synergies across its business segments to sustain growth momentum for the rest of the year.
