San Miguel Corporation Archives - Philippine Bulletin

NNIC removes over 139,000 MT of silt and waste in ongoing flood mitigation at NAIA, nearby areas

Leads Major NAIA Flood Mitigation Efforts New NAIA Infra Corp. (NNIC) has removed over 139,000 metric tons of waste and silt from waterways to prevent airport and community flooding. New NAIA Infra Corp. (NNIC), the private operator of the Ninoy Aquino International Airport (NAIA), has removed a total of 139,158 metric tons of…

SMC revenue hits ₱1.6 trillion, up 9 Percent in 2024

Strong 2024 Growth Driven by Core Business Expansion San Miguel Corporation (SMC) posted ₱1.6 trillion in revenues for 2024, a 9% increase, led by Power, Spirits, and Fuel & Oil, while net income grew 22% to ₱52.3 billion. San Miguel Corporation (SMC) reported ₱1.6 trillion in consolidated revenues for 2024, a 9% increase…

SMFB net income up 7 Percent in 2024 to P40.9B, sustains strong growth momentum

Achieves Strong Growth Across Key Segments in 2024 San Miguel Food and Beverage, Inc. (SMFB) reported robust financial growth in 2024, driven by strong consumer demand, operational efficiencies, and strategic investments. San Miguel Food and Beverage, Inc. (SMFB) delivered another year of solid growth in 2024, with strong financial performance across its core…

DOTR decision to review cashless toll collection implementation

Supports a seamless transition to cashless tolling SMC Infrastructure welcomes the review of cashless toll collection, emphasizing its benefits for motorists and the need for full interoperability. SMC Infrastructure acknowledges Transportation Secretary Vince Dizon’s initiative to review the implementation of cashless toll collection across all expressways, recognizing that the new leadership may want…

SMC, Petron, Ginebra named among TIME’s Top 500 Companies in Asia-Pacific

Earn spots in TIME’s Top 500 Asia-Pacific Companies San Miguel Corporation and its subsidiaries were recognized among the top companies shaping business in Asia-Pacific, ranking high in leadership, sustainability, and financial performance. San Miguel Corporation (SMC) and its subsidiaries, Petron Corporation and Ginebra San Miguel Inc. (GSMI), have been recognized in TIME and…

DA, San Miguel Foods partner in their first nationwide agri PPP to boost farmer incomes

Join forces to strengthen Philippine agriculture and support farmers The Department of Agriculture and San Miguel Foods, Inc. have partnered to boost farmers' incomes, modernize supply chains, and ensure food security through a groundbreaking public-private partnership. The Department of Agriculture (DA) and San Miguel Foods, Inc. (SMFI) have launched their first nationwide public-private…

SMC completes cleanup of Pampanga River

Enhancing Flood Mitigation Efforts San Miguel Corporation successfully removed 700,000 tons of silt and solid waste from Pampanga River, boosting flood resilience in Luzon. San Miguel Corporation (SMC) recorded another win in its ambitious effort to help mitigate flooding throughout Luzon, as it recently completed its extensive Pampanga River cleanup effort, with the…

SMC Tollways successfully lists P35-B fixed-rate bonds

Completes ₱35-B Bond Listing SMC Tollways secures ₱35-billion bond listing to fund debt refinancing and Skyway expansion. SMC Tollways Corporation (SMCTC), a subsidiary of San Miguel Corporation’s infrastructure unit, successfully listed its P35-billion fixed-rate bonds at the Philippine Dealing Exchange (PDEX), Dec. 5, 2024, exercising its P5-billion oversubscription option due to high investor…

SMC’s 2023 net income soars 67% to ₱44.7 billion

Marked by a healthy operating income and EBITDA This was driven by significant volume growth across its key businesses, including San Miguel Brewery, Inc., Ginebra San Miguel, Inc., Petron, and SMC Infrastructure, together with the integration of Eagle Cement Corporation's financial results. San Miguel Corporation (SMC) reported strong full-year profits for 2023, with…

SMFB delivers record profit of P38.1 billion in 2023

2023 reflects team's dedication and drive for excellence Consolidated sales reached P379.8 billion, a 6% increase from the previous year, with all business units reporting growth in sales compared to 2022. San Miguel Food and Beverage Inc. (SMFB) ended 2023 with outstanding financial results, despite the challenges of an unpredictable macroeconomic landscape. Consolidated…