Emperador Q1 profit rose to P1.9B amid headwinds

MANILA, Philippines — Emperador Inc. managed to grow its first-quarter profit despite inflationary pressures, elevated fuel costs, and geopolitical risks that continued to weigh on global consumer markets. On Wednesday, the Andrew Tan-led firm said net profit rose by 3 percent to about P1.9 billion from P1.85 billion in the same period last year. Consolidated revenues