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News: San Miguel

Poultry set to see better days

The challenges that the poultry industry in Asia is mired in may not quite be over yet, but we see progress. This past week,...

SMFB revenue and income up in H1

San Miguel Food and Beverage Inc (SMFB) posted strong H1 2022 performance, with revenues and income up on strong volume growth. Consolidated revenues grew...

San Miguel to put up 12 new poultry farms

San Miguel Food and Beverage Inc (SMFB) is investing USD 1.2 billion to build 12 new poultry farms across the country, a report by...

SMFB food segment posts 13% growth in Q1 revenues

San Miguel Food and Beverage Inc (SMFB) reported consolidated revenues of USD 2.1 billion for its food segment, up 13% year-on-year on robust demand....

San Miguel Foods profits up 40% in 2021

San Miguel Food and Beverage Inc (SMFB) reported a 40% rise in profits last year to USD 28 million. Consolidated revenues from its food...

San Miguel profit up 68% on sales in first nine months

San Miguel Food and Beverage (SMFB) of the Philippines reported a net income of USD 483 million for the first nine months of 2021,...

San Miguel adds more feedmills as business picks up

San Miguel Foods in the Philippines will spend USD 628 million in capital expenditure this year to expand its feedmilling capacity. This would include...

San Miguel Foods Inc to end piggery operations

San Miguel Food Inc (SMFI) will phase out its nationwide pig operations by end-2021. The company’s swine and meats business have been negatively affected by...

San Miguel continues expansion of rotisserie chain

San Miguel Foods Inc in the Philippines continues to expand its chicken rotisserie chain, now with 87 outlets after only 18 months in operation....

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