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Business & Economy

SMFB NET INCOME UP 7% IN 2024 TO P40.9B

San Miguel Food and Beverage, Inc. (SMFB) delivered another year of solid growth in 2024, with strong financial performance across its core businesses. Despite evolving market conditions, the company remained resilient, leveraging strategic investments, operational efficiencies, and sustained consumer demand to drive revenue and profitability. SMFB’s consolidated sales rose 6% year-on-year to ₱400.9 billion, fueled […]