SAN Miguel Food and Beverage Inc. (SMFB) on Thursday announced a first-half consolidated net income of P18.8 billion, flat from a year ago, while earnings before interest, taxes, depreciation and amortization (Ebitda) were also steady at P32.3 billion.

But it delivered a 7-percent increase in consolidated revenues to P184.6 billion from P172.1 billion previously, driven by a combination of volume growth and efficient pricing strategy.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details