Global·NewlyNewsPH

San Miguel Q1 profit nearly halved

PH · · Philippine Daily Inquirer

MANILA, Philippines – San Miguel Corp. (SMC) saw its consolidated net income diminish by nearly half in the first quarter despite strong revenue growth across its major businesses. This as last year’s earnings were boosted by a one-time gain from power asset sales. In a statement on Friday, the conglomerate said the bottom line fell […]... Keep on reading: San Miguel Q1 profit nearly halved