ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

San Miguel's net income surges 80% in 2016

Sale of telecom assets offsets foreign exchange losses

MANILA -- San Miguel, the Philippines' largest listed company by sales, on Thursday said net income surged 80% to 52 billion pesos ($1.04 billion) last year, fueled by a jump in earnings at its brewery and refinery.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more