SAN Miguel Brewery Inc. (SMB), the flagship brewing unit of San Miguel Corp., reported a 20.2-percent growth in nine-month consolidated net income to P19.4 billion due to higher volumes.
SM Prime Holdings Inc. (SM Prime) posted a 38-percent improvement in first half consolidated net income, which rose to P19.4 billion from P14.1 billion a year earlier as revenues also posted double-digit growth.