San Miguel Corporation's Impressive Financial Performance for the First Half of 2024
Monday, 12 August 2024, 19:22
San Miguel Corporation's Financial Results
San Miguel Corporation (SMC) reported a net income of P33.5 billion for the first half of 2024, which is a remarkable increase of 66% from the previous year, excluding unrealized foreign exchange effects.
Key Highlights
- Net income reached P33.5 billion
- Growth of 66% year-over-year
- Strong operational performance
This strong financial result underlines SMC's ability to navigate through economic fluctuations effectively. SMC's strategic initiatives have contributed to its impressive operational efficiency, providing a solid foundation for growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.