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Philippines finalists to the ABA 2017

2017-08-16 philstar
This coming Sept. 6, we shall name the latest winners of the ASEAN Business Awards 2017. The ASEAN Business Awards is a regional search for exceptional enterprises which have contributed to the economic and socio-cultural development of the region. These enterprises have grown not just in their home countries, but have also conquered and made their mark in other ASEAN countries. Hopefully soon, these companies will reach global markets and we can all proudly say they are all ASEAN-grown.

SMC income up 21% on group-wide rally

2017-08-10 business.inquirer.net
Conglomerate San Miguel Corp. (SMC) grew its core net profit in the first semester by 21 percent year-on-year to P27.6 billion on higher earnings across most of its businesses.

Purefoods profit up in Jan-June

2017-08-10 philstar
MANILA, Philippines - San Miguel Pure Foods Company Inc. said net income rose to P3.1 billion in the first half, up 26 percent on strong second quarter performance.

SMC nets P27.6B

2017-08-10 business.inquirer.net
Conglomerate San Miguel Corp. grew its core net profit in the first semester by 21 percent year-on-year to P27.6 billion on higher earnings across most businesses.

Purefoods nets P3.1B

2017-08-10 business.inquirer.net
The food production arm of conglomerate San Miguel Corp. grew net profit in the first semester by 26 percent year-on-year to P3.1 billion on higher earnings from its branded food and agro-industrial businesses.

BOI oks San Miguel Food’s P2.4-B meat processing project

2017-07-07 business.inquirer.net
The Board of Investments (BOI) has approved the registration of San Miguel Foods Inc.’s (SMFI) P2.4-billion meat processing project under the prevailing Investment Priorities Plan, which entitles the company to fiscal and non-fiscal perks.

SMC food manufacturing plants secure BOI incentives

2017-07-07 philstar
MANILA, Philippines -  Food – to infrastructure conglomerate San Miguel Corp. (SMC) has secured government incentives for its two new food manufacturing projects worth a combined P2.4 billion.

Pure Foods profit grows 20% in Q1

2017-05-12 philstar
MANILA, Philippines -  San Miguel Pure Foods Co. (SMPFC) reported a 20 percent rise in its net income to P1.5 billion in the first three months of the year, driven by revenue growth across its business segments.

PureFoods plans share sale

2017-05-12 business.inquirer.net
San Miguel Pure Foods Co. Inc. is considering to return to the capital market as early as this year to widen its public ownership and boost its war chest for expansion.

San Miguel income slightly up in Jan-March

2017-05-11 philstar
MANILA, Philippines - Diversified conglomerate San Miguel Corp. said its net income rose two percent to P13.8 billion in the first quarter on the back of a 23 percent jump in revenues.

SMC nets P13.8B

2017-05-10 business.inquirer.net
Conglomerate San Miguel Corp. grew its first quarter net profit by 2 percent year-on-year to P13.8 billion on higher earnings across its beverage, food, oil and infrastructure businesses.

Purefoods nets P1.5B

2017-05-10 business.inquirer.net
The food unit of conglomerate San Miguel Corp. posted a 20-percent year-on-year growth in net profit in the first quarter to P1.5 billion on higher volume and selling prices alongside lower cost inputs.

SMC’s P10-B bonds get top credit rating

2017-03-18 philstar
MANILA, Philippines - San Miguel Corp.’s proposed P10 billion fixed-rate bond issuance was assigned a credit rating of PRS Aaa, with a stable outlook, by the Philippine Rating Services Corp.

SMC income jumps 80% to P52.2 B

2017-03-17 philstar
MANILA, Philippines -  San Miguel Corp. reported a P52.2 billion net income in 2016, up 80 percent on higher revenues and better margins across its major businesses.

San Miguel nets P52B

2017-03-16 business.inquirer.net
Conglomerate San Miguel Corp. grew net profit last year by 80 percent to P52 billion, driven by higher revenues and better margins across its major businesses.

Purefoods books 29% profit growth in Jan-Sept period

2016-11-09 philstar
MANILA, Philippines – Diversified food company San Miguel Pure Foods Co. Inc. ended the first nine months of the year with a net income of P3.8 billion, up 29 percent on the strong performance of its branded value-added businesses.

SMC earnings double to P35.3 B in H1

2016-08-11 philstar
MANILA, Philippines - Diversified conglomerate San Miguel Corp. more than doubled its net income in the first semester to P35.3 billion, boosted by the sale of its telecommunications business.

Purefoods posts 37% rise in profit in H1

2016-08-09 philstar
MANILA, Philippines – San Miguel Pure Foods Co. Inc. (SMPFC), the listed food subsidiary of diversified conglomerate San Miguel Corp., reported a net income of P2.5 billion in the first half, up 37 percent from the previous year on the back of election-related spending.

San Miguel nets P13.5 B in Q1

2016-05-13 philstar
MANILA, Philippines - San Miguel Corp. said its first quarter net income more than doubled to P13.5 billion on strong growth of its core food, beverage, packaging businesses and higher contributions from its power and infrastructure units.

Hedge Funds Bullish on the Philippines as Duterte Wins Election - Bloomberg

2016-05-10 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Purefoods profit gains 34% in Q1

2016-05-06 philstar
MANILA, Philippines - San Miguel Pure Foods Co. posted a net income of P1.2 billion in the first quarter, up 34 percent on the back of higher revenues.