Earnings Alerts

San Miguel Food and Beverage Announces 10B Pesos Earnings in 1Q: A Detailed Insight into Profits and Key Business Sectors

– San Miguel Food reported a net income of 10 billion pesos in the first quarter.

– The company generated revenue of 95.4 billion pesos and made sales worth 43 billion pesos.

– Operating income stood at 13.1 billion pesos.

– The operating income of the food business rose by 78% to 2.7 billion pesos as prices of key raw materials went down.

– Revenues from their spirits business grew by 17% following an 8% increase in volume and higher selling prices, with the operating income increasing to 2.3 billion pesos; a jump of 40%.

– The company’s beer business witnessed a 3% drop in consolidated revenues year on year, posting 37.4 billion pesos due to reduced volume.

– Stock analysts offered a mixed outlook for the company, with 6 recommending to buy, 1 to hold, and 1 to sell.


A look at San Miguel Food and Beverage Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

San Miguel Food and Beverage, Inc. presents a mixed outlook based on the Smartkarma Smart Scores analysis. The company scores well in Dividend and Growth factors, receiving scores of 4 out of 5 for both. This indicates a promising long-term potential for stable dividends and growth opportunities for investors. However, San Miguel Food and Beverage falls slightly short in terms of Value and Resilience, with scores of 2 and 3 respectively. These scores suggest that the company may not be as undervalued compared to its peers and may have some vulnerability to market pressures. In terms of Momentum, the company receives a score of 3, indicating a moderate level of momentum in its performance. Overall, the company’s focus on food and beverage manufacturing and global market presence shapes its strategic positioning in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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