Diversified conglomerate San Miguel Corporation (SMC) reported that its net income surged 61 percent to P14.5 billion (before accounting for foreign exchange adjustments) in the first quarter of 2024 versus the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its consolidated operating income climbed 13 percent to P13.1 billion, fueled by increased sales in its Food and Spirits divisions. Based on its Philippine Stock...
The upturn in sales had propelled 16 percent rise in the first quarter net income of leading player Petron Corporation to P3.93 billion from last year’s three-month outcome of P3.4 billion. Petron indicated that the profitability climb had been registered across operational chains of the...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has achieved a new milestone in its river cleanup advocacy, having removed a total of 6 million metric tons of silt and solid waste from various river systems in and around Metro Manila. In a statement, the firm said this...
Real estate and retail mogul Manuel B. Villar Jr. has been listed as the only Filipino in elite Forbes World’s Billionaires List 2024: The Top 200 as among the planet’s billionaires whose fortunes continue to swell despite war, political unrest, and lingering inflation. Vista Land and...
San Miguel Foods (SMF), a unit of diversified conglomerate San Miguel Corporation (SMC), and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have partnered to standardize the NutriBun formulation used in government feeding programs. Nutribun is...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has logged its highest water savings yet in five years, under its “Water for All” flagship water sustainability program. In a statement, the firm also reported significant progress in its ongoing massive effort to...
Diversified conglomerate San Miguel Corporation (SMC) is optimistic it will sustain this year’s strong financial performance as its major investments continue to benefit from the country’s economic growth. In a statement, SMC reported a strong performance in 2023 with consolidated net income...
San Miguel Food and Beverage Inc. (SMFB), a unit of diversified conglomerate San Miguel Corporation, reported a 10 percent growth in net income to P38.1 billion, the highest net income figure achieved by the Group since SMFB's consolidation in 2018. In a disclosure to the Philippine Stock Exchange,...
San Miguel Aerocity Inc. (SMAI), a subsidiary of diversified conglomerate San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. In a statement, SMC said this pioneering initiative marks the launch of the Philippines’ first...
Longtime sports patron Ramon S. Ang believes the country is geared to win more golds in the coming Paris Olympics as he paid tribute to all Filipino athletes, particularly those who were honored during the recent Philippine Sportswriters Association (PSA) Awards. Ang, San Miguel Corporation (SMC)...
San Miguel Corporation (SMC) reported that it has removed more than two million metric tons (MT) of silt and waste covering a distance of around 25 kilometers of river channels in Bulacan in a little over a year. The firm said it is initially focusing in areas around the future New Manila...
