The Pennsylvania Liquor Control Board today announced its unaudited operating results for the first half of fiscal year 2012-13.
PLCB wine and spirits sales totaled $918.2 million, a 4.9 percent increase for the six-month period ending Dec. 31, 2012. Both retail and licensee sales showed strong growth when compared to the same time period in 2011-12. Retail sales at PA Wine & Spirits Stores increased by 5.5 percent, while licensee sales increased by 3.5 percent.
As a result of strong sales growth, the agency reported an interim net profit of $75.1 million, a $16.7 million increase over last year, and remitted more than $233 million in sales and liquor tax for the commonwealth, an increase of $9.9 million over the first six months of 2011-12.
Established in 1933, the Pennsylvania Liquor Control Board regulates the distribution of beverage alcohol and also operates more than 600 PA Wine & Spirits Stores statewide. Taxes and store profits are returned to Pennsylvania’s General Fund, helping to pay the cost of essential services such as education, health care, infrastructure and public safety.
Source: Pennsylvania Liquor Control Board