San Miguel Food and Beverage profit hits P27.5B

By Brix Lelis

Nov 09, 2023 12:26 am

Consolidated revenues increased by 6.0 percent to P276.7 billion, while earnings before interest, taxes, depreciation and amortization grew by 4.0 percent to P48.3 billion, the company said.

'Despite the constantly evolving market conditions, we remain committed to delivering sustained growth and value to all our stakeholders. Our confidence is rooted in the strength of our product portfolio and operational capabilities,' SMFB President and Chief Executive Officer Ramon Ang said in a statement.

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