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SMC ramps up sustainability efforts across PH

SMC ramps up sustainability efforts across PH
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

SMC pushes environmental projects nationwide

SMC pushes environmental projects nationwide
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

SMC rebounds, earns P17 2 B in Q1

Published May 6, 2021, 5:15 PM Diversified conglomerate San Miguel Corporation posted a strong recover in the first quarter of 2021 with net income amounting to P17.2 billion, 15 times better than the P1.1 billion it earned in the same period last year.  In a statement, the firm said almost all its major businesses saw significant recoveries in the first three months, led by Petron Corporation and San Miguel Foods. Ginebra San Miguel Inc. and SMC Global Power likewise registered strong growth.  “We’re encouraged by these improvements, as they reflect that our businesses are definitely headed towards full recovery. ,” said SMC President and COO Ramon S. Ang.

SMC posts strong recovery with ₱17 2-billion profit in Q1

endIndex: Metro Manila (CNN Philippines, May 7) San Miguel Corp. kept its momentum amid the coronavirus pandemic as it recorded a ₱17.2-billion net income for the first quarter of 2021. In a statement, the conglomerate said this is 15 times better than the ₱1.1 billion it earned in the same period last year, as almost all of its major businesses saw significant recoveries in the first three months led by Petron Corp. and San Miguel Foods. We re encouraged by these improvements, as they reflect that our businesses are definitely headed towards full recovery. Despite the challenges ahead, we re determined to sustain our performance and continue taking on meaningful projects and investments that will help our economy recover, SMC President and CEO Ramon Ang said.

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