San Miguel Food and Beverage Eyes Holiday Demand Pickup Despite 9-Month Profit Dip
Economy

San Miguel Food and Beverage Eyes Holiday Demand Pickup Despite 9-Month Profit Dip

San Miguel Food and Beverage Inc. (SMFB) reported a 9% dip in net income to P30.6 billion for the first nine months of the year. Despite challenges from inflation and high commodity prices, the company anticipates a pickup in consumer demand during the fourth quarter, its peak season.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.