News for San Miguel Food and Beverage, Inc. (SMPFF)

SAN Miguel Food and Beverage Inc. (SMFB) implemented a management reorganization on Wednesday, replacing its chief operating officer (COO) for food and chief finance officer (CFO).

RAMON Ang-led San Miguel Corp. (SMC) recorded a 19-percent increase in net income to P37.1 billion for the first nine months of 2024, driven by strong sales growth across its businesses despite economic headwinds and natural calamities.

San Miguel Food and Beverage Inc. (SMFB) on Wednesday said it recorded a net income of P30.4 billion in January to September, 11 percent higher than last year’s P27.48 billion. Sales for the period rose 5 percent to P291.1 billion from the previous year’s P276.65 billion.  “Our performance this year…

San Miguel Brewery Inc. (SMB) on Tuesday said its net income from its Philippine operations reached P23.4 billion in January to September, a 36-percent increase over last year. This growth includes dividends of P7.4 billion from SMB’s international subsidiary, the company said. As of September 30, domestic revenues reached P98.8…

Diversified conglomerate San Miguel Corp., through its food and beverage unit, is poised to further beef up the country’s poultry production with the completion of additional mega farms.

The earnings of diversified conglomerate San Miguel Corp. expanded by more than half in the first semester, boosted by higher revenues from strong performance across most business segments.

Food and beverage firms led by Ramon Ang, Betty Ang, and the Po family booked higher earnings in the first half due to higher sales for the period.

John Paul Ang, the eldest son of tycoon Ramon Ang, is set to take on a bigger role in diversified conglomerate San Miguel Corp., which his father currently leads.

San Miguel Food and Beverage Inc. is out to further reinforce its dominance in the beer and spirits markets this year

Ginebra San Miguel Inc., the hard liquor arm of conglomerate San Miguel Corp., said its income in the first quarter fell 25 percent to P1.88 billion from P2.51 billion last year, when it recorded a one-time gain in March 2023. Excluding this one-time gain, net income would have been higher…

Last week Share prices gained last week as the country’s better-than-expected third quarter GDP print and tamer inflation in the United States boosted sentiment. The benchmark Philippine Stock Exchange index gained 101.24 points to close at 6,286.77 points. The main index was down for three consecutive days since Tuesday, but a late surge on Friday