:. Food Industry News

Categories: Corporate Results

San Miguel Brewery Jan-Sept Net Income up Nearly 23%

Source: Reuters
16/10/2008

Manila, Oct 16 - San Miguel Brewery, the flagship of Southeast Asia's biggest food and beverage firm San Miguel Corp, said on Thursday it had net income of 7.0 billion pesos ($146 million) in the first nine months, up nearly 23 percent from a year.

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Revenue in the first nine months climbed 10 percent from a year earlier to 35.2 billion pesos, as sales were mainly driven by effective marketing campaigns, the company said in a statement.



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