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SMFB’s consolidated income falls 5% as costs rise

SAN MIGUEL Food and Beverage, Inc. (SMFB) saw its consolidated earnings drop by 5% in the first six months of the year, weighed down by higher costs amid a double-digit increase in revenues.

SMC’s food and beverage unit bullish on growth

SAN MIGUEL Food and Beverage, Inc. (SMFB) is bullish on growth for the next few years, on back of the steady expansion of its food, beer, and spirits segments.

San Miguel Food & Beverage net income hits P30.5 billion

SAN MIGUEL Food and Beverage, Inc. (SMFB) increased its net income by eight percent to P30.5 billion in 2018, following a double-digit growth in revenues across all its business units.

SMFB to raise public float up to 30%

SAN MIGUEL Food and Beverage, Inc. (SMFB) looks to hike its public float up to 30% in the next few years, following the conclusion of its P34.08-billion share sale last week.

SMFB allots up to P41B for expansion until 2020

SAN MIGUEL Food and Beverage, Inc. (SMFB) is investing up to P41 billion until 2020 for the expansion of its food and brewery businesses, noting its existing factories are operating at almost full capacity.

SMFB’s P142-billion follow-on offering to depend on price

Appetite for San Miguel Food and Beverage, Inc. (SMFB)’s P142-billion follow-on offering will depend on its pricing, as the company undertakes the largest fundraising...

SMFB plans to conduct follow-on offering

SAN MIGUEL Food and Beverage, Inc. (SMFB) is planning a follow-on offering in a bid to comply with the minimum public ownership rule, after the consolidation of parent San Miguel Corp.’s (SMC) food and beverage units brought down its public float to around four percent.

SMFB net income jumps in first half

The newly-consolidated food and beverage arm of diversified conglomerate San Miguel Corp. (SMC) saw its earnings jump by a fifth in the first six...

SMC share transfer deal folds food units into SMFB

SAN Miguel Corp (SMC) said it completed the consolidation of its food businesses under San Miguel Food and Beverage Inc. (SMFB) via a transfer...