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SMFB Income Rises in 2024

March 09, 2025

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The Philippine Star

San Miguel Food and Beverage Inc. (SMFB) capped off 2024 with a solid growth, fueled by the robust financial performance of its core businesses.

- — Richmond Mercurio

SMFB saw its net income rise by seven percent to P40.9 billion in 2024 as the company remained resilient despite evolving market conditions.

Consolidated sales grew by six percent year-on-year to P400.9 billion, driven by higher volumes and market expansion initiatives.

المزيد من القصص من The Philippine Star

The Philippine Star

Lady Spikers stretch domination of Eagles

La Salle kept its mastery of Ateneo, 25-14, 21-25, 25-15, 25-17, to stretch its unbeaten run to four games in the UAAP Season 88 women's volleyball yesterday at the Smart Araneta Coliseum.

time to read

1 min

March 02, 2026

The Philippine Star

Filipino in Doha recounts airstrikes

For six to seven straight hours, the sky over Doha flashed with explosions as air defense systems intercepted incoming missiles, a Filipino worker there told The STAR.

time to read

2 mins

March 02, 2026

The Philippine Star

Maynilad shelves P30-B Teresa plant project

West Zone concessionaire Maynilad Water Services Inc. has shelved plans to build a P30-billion water treatment plant in Teresa, Rizal, opting instead to relocate the facility within its concession area.

time to read

1 mins

March 02, 2026

The Philippine Star

Poisoning Filipinos

Back in December 2021, at least 43 medical organizations including the Philippine Medical Association had urged then president Rodrigo Duterte to veto a bill liberalizing the vaporized nicotine industry.

time to read

2 mins

March 02, 2026

The Philippine Star

Filinvest hotels set to cross 2,000-room mark this year

Filinvest Hospitality, the hospitality arm of conglomerate Filinvest Development Corp., is set to cross the 2,000-room mark in its growing hotel portfolio this year with the opening of a new hotel in Baguio under its Grafik Hotel Collection brand.

time to read

1 mins

March 02, 2026

The Philippine Star

CIA intel guided strikes that killed Iran supreme leader – NYT

CIA intelligence indicating Ayatollah Ali Khamenei would attend a meeting of top Iranian officials helped guide strikes in a US and Israeli attack that killed Iran’s supreme leader, the New York Times reported Sunday.

time to read

1 min

March 02, 2026

The Philippine Star

Early goal lifts Aussies past Filipinas

The Filipinas came prepared to defend host Australia's relentless assaults.

time to read

1 min

March 02, 2026

The Philippine Star

To become bigger, Angcars eyes small-time car owners

Motorcycle-for-hire leader Angkas is going full throttle in its four-wheel expansion, targeting to add more operators to its network by catering to small-time owners.

time to read

1 mins

March 02, 2026

The Philippine Star

9 drivers fail LTO's alcohol test

Nine drivers failed sobriety tests during anti-drunk driving operations in Quezon City, according to the Land Transportation Office (LTO).

time to read

1 min

March 02, 2026

The Philippine Star

PSA launches e-certificate service

Electronic copies of civil registry documents can now be accessed through the PSAHelpline.

time to read

1 min

March 02, 2026

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