San Miguel’s beer unit to report P76B in 2012 sales


MANILA, Philippines–The brewing unit of diversified conglomerate San Miguel Corp. is set to

report “strong” financial results for the full year of 2012 later this week on the back of higher beer sales, aided by the Philippines’ robust economic growth.
According to a company official familiar with the issue, San Miguel Brewery Inc.’s total revenues for last year hit P76 billion, representing an improvement of 5.7 percent over the beer unit’s sales of P71.9 billion in 2011.
“Income from operations is estimated at P22 billion, while net income rose by 20 percent to P14 billion,” said the official, requesting anonymity pending the release of the company’s financial report. The company’s main sales driver is the 122-year-old San Miguel Pale Pilsen brand, which is sold both in the Philippines and overseas.

The official said that company’s 2012 beer bode well for its performance in the first quarter of 2013, adding that sales going forward would continue to be driven by San Miguel Brewery’s “brand and distribution strength.”
San Miguel Brewery is 51-percent owned by SMC while Japanese brewing giant Kirin owns slightly over 48 percent of the company’s stock. Listed on the Philippine Stock Exchange, the brewer is in the process of reverting back to a privately-held company through a tender offer for shares held by public investors that runs until April 3, 2013.

SMC is scheduled to release the report on its 2012 financial performance on March 21, Thursday.

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  • mxsclxmxn

    Free Masonry! Satan’s Synagogue as per Pope Clement XII year 1738

    In the P100 BILL series 2012 Serial # ZK188477 has a logo of the Grand Lodge of Free and Accepted Masons. Freemasonry has its goal of destroying Christendom and replacing it with man-centered government and Satanic religion filled with errors.

    How can this logo of a satanic group be allowed to print in the monetary instrument of the country with the constitution believing in a God asking for HIS Divine Providence?

    In Freemasonry the god of the secret societies is covertly substituted for the One True God. This false god is identified in the Masonic lodges as “the Great Architect.”

    Since Freemasonry has attempted so strenuously to claim that they are just a “good ole boy” fraternity that does good works and has a good time, most people will be shocked to learn the bitter truth behind that facade. Freemasonry certainly isn’t “free”. It could cost you your soul.

    Once Masons progress to the higher degrees and they finally believe the ‘Masonic lie”; and they will ‘understand’ that the Grand Architect of the Universe is not the God of the Old or New Testaments, but instead is the perfect dues paying Mason in good standing, who like the statue example above, they chipped away at, and finally shed needless ‘layers’ from both their old useless religion, and from loyalties outside of Masonry, which all along were what concealed them from their own personal true image, as the one and only real God.

    Freemasonry is one of many apostate religions dedicated to the destruction of traditional Judaism and Christianity. Those who aspire to grow in their closeness to Jesus Christ, and to increase their discernment in these days, would do well to stay very clear of Freemasonry. Are your loyalties with Jesus Christ or are they with the lodge? Both are diametrically opposed to one another as you will see below.

    Masons have mixed idolatry, paganism, the occult, Gnosticism, Kabala, fertility cults, Satanism, spiritualism, demonology, and put it into a blender and come up with the Masonic religion. It is not of God! It is a false religion; the Harlot of Babylon. Masons say they offer new candidates “the light”. The light they are actually giving is: Lucifer. The Christian Bible says that Satan walks to and fro on this earth masquerading as an “angel of light”, that many might be deceived.

    An insidious byproduct of Freemasonry is to keep husbands and wives out of churches & away from their children and their homes…

    Satan does not need to receive worship to achieve his goals. All he has to do is to keep a man from following Jesus. Satan knows that anyone who does not follow in the teachings of Jesus does not have God. (2 John 9)

  • Ben

    If only SMC will allocate a portion of that, say P1 billion to R & D for high technology I say we will have an assured Filipino corporation that can give the Philippines a know how to leap the psychological barrier to attain a newly industrialized nation bent to become a major economy too….

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