Section

SMFB earnings flat as beer sales fall

By Inquirer - 7 months ago
MANILA, Philippines —The first-quarter earnings of billionaire Ramon S. Ang-led San Miguel Food and Beverage Inc. (SMFB) were flat at P10 billion due to lower revenues from the beer business despite growth in the food segment. In a stock exchange filing on Wednesday, SMFB said this represented a 1-percent increase from the year-ago level. Meanwhile,

Topics:

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.