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SMFB Income Rises in 2024

The Philippine Star

|

March 09, 2025

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.

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