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5
San Miguel Corporation - Keeping Strong Growth While Facing The Challenge
Categorie: IPO / Secondary Offering
Submitted about 1 year ago by Cris_pic_tiny Lovephileo , WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER contact me
                                                              The 118-year old group, San Miguel Corporation, Southeast Asia's largest food and drinks group and the maker of SE Asia's oldest beer brand, arrived its net profit tripled in the first half, boosted mainly by gains from asset sales. Faced with challenging economic conditions affecting consumer spending behavior and scalating input costs, SMC booked net income of P19.7 billion ($444mn) in January to June, topping the P6.6 billion of a year earlier and its full-year 2007 net profit of P8.63 billion.Financial Business Description :... More...
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3 comments ↓

#1 | Simpsonized80_thumb Eeexpert @ about 1 year ago
Transcript Editor, Marketing Officer-podwriter transcriptions, Event organizer, Entrepreneur, owner of memokitchen.com site at memokitchen.com 		User Rank : 167 Portfoilo Balance: $60,100.00
Comment Rating: 0
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There will always be a challenge for SMC but I think they can survived because elsewhere in the country you get SMC products and services available. A market leader, not mentioning that they always have fresh new products for sale. I must say this, they are simply unbeatable!
#2 | Who Liz @ about 1 year ago
User Rank : 662 Portfoilo Balance: $216,918.00
Comment Rating: 0
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Such a huge organization like San Miguel, even though it is facing tough time but i believe it can perform well throughout the years.
#3 | Cris_pic_thumb Lovephileo @ about 1 year ago
WEB CONSULTANT / PASTOR at LIGHT OF THE WORLD CHRISTIAN CENTER 		User Rank : 413 Portfoilo Balance: $1,110,169.00
Comment Rating: 0
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SMC made a lot of breakthrough through the rain. As far as this country is concerned, It is always a market fever.



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