San Miguel Foods income hits P9.2B

By Ed Paolo Salting

Mar 16, 2023 12:18 am

SAN Miguel Foods (SMF), the food division of San Miguel Food and Beverage Inc., reported a net income of P9.2 billion for 2022, up 21 percent from 2021.

The earnings performance was said to have been propelled by record-breaking sales, the third in a row since the pandemic hit, as most business segments delivered double-digit revenue growth.

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