Billionaire Andrew Tan-led Emperador Inc. said profits in the nine months to September slipped as inflation pinched its flagship liquor business. In a statement on Thursday, the world’s biggest brandy producer said net income during the period was lower by 1.4 percent to P7.2 billion as cost pressures outpaced the increase in sales. Revenues during … Continue reading Emperador feels inflation pinch, 9-month profit slips