SMFB posts P31.4-B net income in 2021

By Faye Almazan

Mar 10, 2022 12:12 am

SAN Miguel Food and Beverage Inc. (SMFB) on Wednesday said its full-year net income neared 2019 pre-pandemic level as it posted higher profit in 2021.

The food and beverage arm of San Miguel Corp. recorded a 40 percent higher net income of P31.4 billion last year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

PLDT Jan-Sept net edges up to P28.1B

San Miguel income lifted by strong sales

SM Prime 9-month profit up 12% to P34B

Globe set to reduce 2025 capex to below $1B

Metro Pacific acquires 27th hospital

Dito Tel to invest P9B for network expansion

Weak game earnings weigh on Belle profit