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SMC nets P2.2B in Q1

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san miguel

Conglomerate San Miguel Corp. dropped by 47.6-percent year-on-year in the first quarter of the year to P2.2 billion due to the adverse impact of the US dollar strengthening against the peso.

Posted: May 12th, 2014 in Latest Business Stories | Read More »

SMC posts P2.4-B net loss

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Conglomerate San Miguel Corp. incurred a net loss of P2.4 billion in the first semester that, according to the company, was due mainly to unrealized foreign exchange losses.

Posted: August 12th, 2013 in Headlines | Read More »

Bangko Sentral losses balloon to P86B

The Bangko Sentral ng Pilipinas incurred a bigger loss in the first 11 months of 2012 as it had to contend with falling revenues and foreign-exchange losses.

Posted: February 15th, 2013 in Editor's Pick,Headlines | Read More »

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