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Alliance Global profit down on sluggish brandy, leisure biz

By Inquirer - 3 months ago
Billionaire Andrew Tan-led Alliance Global Group Inc. on Wednesday reported slightly lower earnings in the first six months of the year on lower gains from its brandy and leisure businesses. Alliance Global on Wednesday said net profit during the semester reached P8.8 billion, down 4 percent. Revenues inched up by 8 percent to P107.5 billion

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