San Miguel Food nets ‘record’ P38B
SAN Miguel Food and Beverage Inc. (SMFB) on Wednesday said it delivered a “record profit” of P38.1 billion last year, up 10 percent from P34.67 billion in 2022 and the highest since the 2018 consolidation, amid growth across businesses. Despite macroeconomic challenges, the food and beverage giant saw consolidated sales grow by 6.0 percent to […]
Tomas Kauer - News Moderator 
SAN Miguel Food and Beverage Inc. (SMFB) on Wednesday said it delivered a “record profit” of P38.1 billion last year, up 10 percent from P34.67 billion in 2022 and the highest since the 2018 consolidation, amid growth across businesses.
Despite macroeconomic challenges, the food and beverage giant saw consolidated sales grow by 6.0 percent to P379.8 billion “improved volumes and pricing strategies.”
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
_2024_04_15_10_37_58.jpg){kind=small}
