Earnings Alerts

San Miguel Food and Beverage (FB) Earnings: 1H Net Income Soars to 23B Pesos with 15% Growth

  • San Miguel Food’s net income for the first half of the year reached 23 billion pesos.
  • Operating income increased by 13% year-over-year, amounting to 30 billion pesos.
  • Total revenue for the period was 201.2 billion pesos, reflecting a 4.3% increase compared to the same period last year.
  • The company’s EBITDA was reported at 39.3 billion pesos.
  • The company stated that its first-half profit rose by 15% from the previous year.
  • San Miguel Foods’ revenue surged to 94.4 billion pesos, which is a 7% increase from the prior year, driven by higher volumes.
  • San Miguel Brewery experienced a 1% decline in revenues, totaling 74.6 billion pesos, due to reduced domestic demand balancing out overseas gains.
  • Analysts have given 7 buy recommendations, with no holds or sells.
  • All comparisons to past results are based on the company’s original disclosures.

A look at San Miguel Food and Beverage Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

San Miguel Food and Beverage, Inc. has garnered a promising long-term outlook as per the Smartkarma Smart Scores analysis. With a solid score of 4 for Growth and Momentum, the company is positioned well for expansion and sustained performance. Additionally, its Dividend and Resilience scores stand at a respectable 3, showcasing stability and potential returns for investors. Although the Value score is at 2, the relatively high scores in other areas bode well for the company’s future prospects.

San Miguel Food and Beverage, Inc. is a key player in the food and beverage industry, known for its diverse product portfolio that includes processed meats, dairy, beverages, and more. Operating on a global scale, the company’s strong Growth and Momentum scores hint at a promising trajectory ahead. With a focus on innovation and market presence, San Miguel Food and Beverage is poised to capitalize on growth opportunities in the sector while providing value to its shareholders.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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