SMC Infrastructure apologized yesterday Nov. 17, to all motorists affected by traffic jams along portions of the South Luzon Expressway (SLEX), Skyway, NAIAx and STAR Tollway yesterday morning, resulting from a momentary network outage in its electronic toll collection system. “Our IT teams...
Diversified conglomerate San Miguel Corporation (SMC) reported a 26 percent growth in consolidated core net income to P43.5 billion in the first nine months of 2022 from the P34.4 billion earned in the same period last year. However, consolidated nine-month net income fell 62 percent to P12.9...
San Miguel Food and Beverage, Inc. (SMFB) posted a 9 percent improvement in consolidated net income to P26.3 billion in the first nine months of the year as it maintained strong growth momentum during the third quarter. In a statemen, the firm said consolidated revenues rose 18 percent year-on-year...
Ginebra San Miguel Inc. (GSMI), San Miguel Corporation’s spirits business, reported a 7 percent improvement in net income to P3.4 billion as it sustained growth momentum in the first nine months of the year. In a statement, GSMI said it posted revenues amounting to P34.5 billion, 12percent higher...
San Miguel Equity Investments Inc. (SMEII), a wholly-owned subsidiary or San Miguel Corporation has started the P12.66 billion tender offer for shares amounting to 11.5 percent of Eagle Cement Corporation held by minority stockholders. In a disclosure to the Philippine Stock Exchange, Eagle Cement...
San Miguel Brewery Inc. (SMB), the flagship beer business of San Miguel Corporation, posted a 15 percent growth in net income to P16.2 billion from the P14.1 billion earned in the same period last year. In a statement, SMC said SMB registered higher revenues, volumes, and profits versus last year...
Scottie Thompson put on the emphatic finish to a familiar Ginebra comeback. The reigning MVP showed nerves of steel and drilled a tough right corner triple with 4.8 seconds left to cap Barangay Ginebra’s comeback from 19 points down and beat San Miguel, 97-96, in the 2022 PBA Commissioner’s Cup...
San Miguel Corporation can now push through with its P97.5 billion acquisition of 88.5 percent of Eagle Cement Corporation after the Philippine Competition Commission (PCC) has ruled that its approval is no longer required for the transaction. In a disclosure to the Philippine Stock Exchange, SMC...
Diversified conglomerate San Miguel Corporation reported that its subsidiary SMC Global Power Holdings Corp. is planning to buy back $400 million worth of its US Dollar-denominated senior perpetual capital Securities through a tender offer. In a disclosure to the Philippine Stock Exchange, SMC said...
Barangay Ginebra channeled its never-say-die attitude once again to author a huge come-from-behind win over bitter rival Magnolia – reminiscent of the good, old days of the team during the era of Sonny Jaworski according to head coach Tim Cone. Ginebra head coach Tim Cone likens Scottie...
Barangay Ginebra San Miguel just loves ending other teams’ winning streaks and putting a dent to their perfect records. Justin Brownlee (PBA Images) After handing PBA guest team Bay Area Dragons their first taste of defeat, the Gin Kings, behind the huge fourth quarter performance from Justin...
Magnolia is back on its full strength when it tries to preserve its perfect record against arch-nemesis Barangay Ginebra in what is seen to be another epic installment of their Manila Clasico rivalry in the 2022 PBA Commissioner’s Cup at the Mall of Asia Arena on Sunday, Oct. 23. Ian Sangalang...
