News Formal

SMC earnings weighed down by Petron, SMFB

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Diversified conglomerate San Miguel Corporation (SMC) reported a 5 percent dip in net income to P26.59 billion in the first half of 2019 from P27.5 billion in the same period last year.

In a statement, the firm said consolidated revenues inched up 2 percent to P509.5 billion for the first six months of the year, propelled by strong volumes across most of its businesses.

Petron’s Bataan refinery was also temporarily shut down during this period for its scheduled major maintenance and additional repairs needed following the April 22 earthquake. San Miguel Food and Beverage, Inc.’s consolidated revenues reached P151.1 billion, 10 percent higher than the same period last year, mainly on account of strong domestic volumes for Beer and Spirits, which grew 11 percent and 17 percent, respectively.

This is on account of new bilateral contracts from the additional power generated by the Masinloc, Limay, and Malita power plants, and improved plant capacity factors from the Sual and Ilijan facilities.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 25. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Disney sees box office gains, but earnings fall short
ソース: ANCALERTS - 🏆 26. / 50 続きを読む »