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Tanduay Holdings forecasts increase in sales volume to pick up this.
Byline: Cliff Harvey C. Venzon
TANDUAY HOLDINGS, Inc. is confident of posting a recovery in the company's sales volume this year following slow growth seen in 2011, a ranking official said last week.
"In terms of volume, we are looking at a 5% increase because of our matured market," Tanduay Holdings President Wilson T. Young said in a chance interview.
Last year, its unit Tanduay Distillers, Inc. had posted a sales volume growth of just 1.4% versus the 7.5% recorded in 2010.
Data from the company showed that 19.3 million cases were produced in 2010 while 19.6 million cases were estimated to be produced last year.
The company blamed the …
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